Brazilian Tax Authority Acknowledges ‘Vertiginous Growth’ of Stablecoin Trading
The Brazilian Tax Authority (RBF) recently published an article acknowledging the growth in stablecoin trading in the country, which has taken the Brazilian cryptocurrency market by storm. The most transacted stablecoin is Tether’s USDT, which has moved more than 271 billion reals (close to $54 billion) since the organization started registering these purchases in 2019….