![](https://dam.mediacorp.sg/image/upload/s--9YkNEbQ4--/fl_relative,g_south_east,l_mediacorp:cna:watermark:2024-04:reuters_1,w_0.1/f_auto,q_auto/c_fill,g_auto,h_676,w_1200/v1/one-cms/core/2025-02-06t191900z_1_lynxmpel150ud_rtroptp_3_brazil-economy.jpg?itok=E0BjC1zQ)
Brazil's Galipolo sees surge in crypto use, says 90% of flow tied to stablecoins
Brazil's central bank chief Gabriel Galipolo said on Thursday that crypto asset usage in the country has surged over the past two to three years, with around 90 per cent of the flow linked to stablecoins. Stablecoins are pegged to real-world assets, …