Brazilian companies turned to stablecoins on election day to dodge a currency crash

CoinDesk · Tue, 27 Oct 2026 16:59:07 GMT

OmniFin Portal's take

Excerpt from CoinDesk: “USDT volume on crypto exchange Mercado Bitcoin jumped nearly 800% and bitcoin volume surged 865%. Binance’s USDT/BRL market tripled while the global BTC/USDT pair fell.”

Rule-based headline sentiment: Bullish

Live rate right now

BTC1 BTC = 79,848 USD

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