Key Takeaways:

• Brazil’s Central Bank reported a Q1 2026 crypto volume of $6.9B, with stablecoins driving 98% of trades.
• President Lula da Silva paused stablecoin taxes, boosting Brazil to TRM Labs’ 5th-largest global market.
• Fernando Rocha expects new crypto exchange regulations to yield more robust transaction data by H2 2026.

Brazilians Purchased $6.8 Billion Worth of Stablecoins in Q1

Stablecoins have become a stellar use case for cryptocurrency tech in Latam and around the world, and Brazil is one of the most relevant examples.

According to data revealed by the Central Bank of Brazil, the volume of cryptocurrency transacted during Q1 2026 reached $6.9 billion. This number more than doubled the volumes registered during Q1…