Key Takeaways:
On April 30, Brazil’s Central Bank banned crypto in cross-border payments, impacting institutions by Oct 1. Bitso’s 2025 report reveals stablecoins drove 40% of Latam crypto buys, shifting the market toward stability. In 2026, Meta and Stripe launched USDC payouts in Colombia, targeting frictionless future creator payments. Brazil Bans Crypto in Cross-Border PaymentsThe document stresses that these transactions must be carried out “exclusively: I – through a foreign exchange transaction or movement in a non-resident’s Brazilian real account held in Brazil, with the use of virtual assets being prohibited.”
Nonetheless, the resolution, which comes into effect on October 1, lists “virtual assets” as a special category identifying transactions, meaning the bank recognizes their existence but chooses not to allow their implementation in cross-border operations.
Bitso: Stablecoins Hit 40% of Latam Crypto Buys Meta Launches USDC Stablecoin Payouts for Creators in Colombia and the Philippines
