Brazilian Traders Pile Into Stablecoins on Election Day as USDT Volume Jumps 800%

USDC Overtakes USDT in Euro Stablecoin Trading as MiCA Rules Bite

Bitget Wallet Adds Personal USD and EUR Accounts With Auto-Conversion to Stablecoins

Aave Raises USDT Borrow Rates on Ethereum Pool as Utilization Hits 92%

Bitcoin

The runoff's voting confusion and interference allegations create a credibility overhang for Brazilian institutions, which historically correlates with local currency (BRL) weakness and retail demand for dollar-pegged stablecoins. This fits a broader pattern of EM political risk premium expansion while global risk assets are already under pressure.

Lula wins a fourth term in Brazil's 2026 presidential election after a runoff marked by voting confusion and allegations of interference.

Lula Wins Contested Fourth Term in Brazil Runoff

Lula's fourth term could accelerate Brazil's push for a sovereign BRICS stablecoin, quietly threatening the US dollar's role in commodity settlement and reshaping crypto's institutional narrative.

Tether's USDT Market Cap Sheds Roughly $1 Billion as Bitcoin Recovery Stalls

This decouples stablecoin utility from speculative crypto cycles. While BTC dominance remains high and altcoins underperform, stablecoin velocity growth signals real-economy adoption (remittances, B2B payments, cross-border trade) that could eventually pull liquidity into DeFi and on-chain credit markets.

Tether

USD Coin

Stablecoin payments rose 45% year-over-year to $482 billion year-to-date through September 30, with transactions up 71% to 1.04 billion, while circulating supply grew just 0.4%.

Stablecoin Payments Jump 45% to $482B as Transactions Outpace Supply Growth

Stablecoin velocity is surging while supply stagnates, signaling a hidden liquidity drain from crypto trading into real-economy payments that could tighten order books and amplify volatility.

Tron Stablecoin Market Cap Jumps $554.9M in a Week, Tightening USDT Grip

Tether Invests in EFY Finance to Expand Stablecoin Use in Latin America

Sberbank Clears Regulatory Hurdle to Offer Crypto Trading to Retail Clients

Senate Democrats Press Tether Over Alleged Iran Sanctions Evasion

Dexsport Adds Seven Stablecoins Across 25+ Networks, Settles Prediction Markets in Stablecoins Only

It fits a wider pattern of crypto rails being used to bypass AI/software access restrictions, reinforcing USDT's role as the default settlement layer in sanctioned or restricted markets. It also highlights how AI compute access is becoming a scarce, monetizable commodity that can be arbitraged across borders.

A gray market in China involves token resellers using accumulated identities and USDT-funded cards to obtain Claude accounts and route them through proxies.

USDT-Funded Card Ring Sells Claude Accounts Out of Beijing's Haidian District

AI Account Arbitrage Is Training the Next Generation of Crypto OTC Desks in Beijing

Senate Subcommittee Refers Tether Report to Treasury and DOJ

Tether and Shiga Team Up to Build Self-Custodial Wallets for Africa and the Gulf

Binance Pay Lets Overseas Users Spend USDT at Most PayPay Merchants in Japan

Senate Report Says Tether-USDT Dominated 846 Iran-Linked Wallets as Blumenthal Refers Case to Treasury, DOJ

Tether Says It Froze $550M in Iran-Linked USDT This Year

BIX Opens Crypto Visa Card in 29 US States, Targets 49 Within Eight Months

Senate Probe Finds 84% of Sanctioned Iran-Linked Wallets Ran on Tether

BIS Paper Questions Whether USDT Growth Actually Went Into DeFi

Senate Report Ties Tether's USDT to Iran's Shadow Banking

USDT0 Goes Live on Stellar, Opening $180B Liquidity Pool

Sberbank Plans to Accept Ether and USDT as Loan Collateral

Tron Crosses 400 Million Accounts, Doubling in Under Three Years

TRON Passes 400 Million Accounts, Nears $30 Trillion in Transfers

Tether CEO Says USDT's Global Dollar Proxy Role Is More Important Than Ever

Cash App Adds XRP, Solana, Ether and USDT via Moonpay Integration

Bitget Launches Fixed Coupon Note for Tokenized US Stocks

Binance Pay Connects to Bhutan’s DK Bank QR Network, Enabling Crypto at 3,700+ Merchants