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Zenger
Zenger
Khyathi Dalal

Bitcoin Has Stiff Competition In Brazil: Stablecoin Leads With 80% Of Transactions

Brazil Bitcoin Crypto Argentina Nubank
While Brazil sees higher acceptance of USDT, other Latin American nations like Argentina have bigger appetites for Maker’s DAI. AVISHEK DAS/GETTY IMAGES

While Brazil sees higher acceptance of USDT, other Latin American nations like Argentina have bigger appetites for Maker’s DAI.

This insight into crypto preferences comes as the market booms in anticipation of the potential approval of a spot Bitcoin ETF.

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