Brazil’s Crypto Transaction Volume Doubles in One Year
Brazil’s cryptocurrency transaction volume more than doubled over the past year. Blockchain analytics firm Chainalysis reported R$ 1.7 trillion (US$ 318.8 billion) in crypto transactions from July 2024 to June 2025. This marks a 109.9% increase compared to the previous year. The data appears in Chainalysis’ 2025 Geography of Cryptocurrency Report.
Stablecoins Drive Crypto Usage in Brazil
Stablecoins account for over 90% of all crypto transaction flows in Brazil. Chainalysis says these assets are mainly used for payments and international remittances. This shows cryptocurrencies are increasingly part of daily financial activities, not just speculative trading.
New strategies, such as launching crypto payment cards, support this trend. These cards aim to integrate cryptocurrencies into everyday spending.
Brazil’s Growing Role in Global Crypto Markets
Brazil ranks as the fifth-largest crypto market worldwide by transaction volume. It leads Latin America’s digital asset ecosystem and surpasses several G20 economies. Chainalysis attributes this to large institutional flows through exchanges and over-the-counter desks. A growing retail base also uses crypto for various purposes.
This mix makes Brazil a regional leader and a key example of how emerging markets adopt digital assets at scale.
Regulatory Focus on Brazil’s Expanding Crypto Market
The rapid growth of Brazil’s crypto market has increased regulatory attention. The Central Bank and tax authorities are preparing policies to address compliance, reporting, and consumer protection. These measures are critical given the confirmed scale of crypto activity.
