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Brazil Bans Crypto Transfers as Meta Launches USDC Payouts

Brazil Bans Crypto Transfers as Meta Launches USDC Payouts

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 Payments

The Central Bank of Brazil is moving to curb the institutional adoption of cryptocurrency assets, including bitcoin and stablecoins, within its regulated cross-border payment system.

Resolution No. 561, published on April 30, amends earlier resolutions to improve the provisions of international payments of transfer services, banning cryptocurrency as an…

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