Brazilian companies turned to stablecoins on election day to dodge a currency crash
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.
Key Takeaways
- 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.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinDesk. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
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