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As Taxes Fade Away, Stablecoin Adoption Continues to Rise in Brazil

Bitcoin.com

Bitcoin News / Bitcoin.com 98 Views

As Taxes Fade Away, Stablecoin Adoption Continues to Rise in BrazilThe adoption of stablecoins in Brazil continues to grow, now reaching beyond the cryptocurrency sector. The main point behind this rise in adoption across several industries is that stablecoin payments are tax-free, while fiat exchanges are taxed. Key Takeaways: After hitting $6B in December, Bloquo notes stablecoins expedite B2B settlements to benefit from tax exemptions. […]
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