In the first half of the year, Brazil's demand for crypto assets reached 14.68 billion USD, with stablecoins accounting for over 90%

The Central Bank of Brazil disclosed that the purchase volume of cryptocurrency assets in Brazil reached $14.68 billion in the first half of 2026, an increase of 135% compared to $6.24 billion in the first half of 2025. The statistical scope includes transactions involving Bitcoin, Ethereum, and stablecoins processed by registered Virtual Asset Service Providers (VASP).

In June, the purchase volume of cryptocurrency assets in Brazil was $2.54 billion, higher than $1.48 billion in June 2025; in May, the purchase volume of stablecoins was nearly $2.632 billion, an increase of 158% compared to May 2025. Fernando Rocha, head of the statistics department at the Central Bank of Brazil, stated that the country's cryptocurrency asset market has moved past the initial stage and is expanding while exploring application scenarios. Fernando Rocha indicated that the demand for dollar-pegged stablecoins is driving growth, with its demand share exceeding 90%, and it can be used for payments and cross-border settlements. The Central Bank of Brazil classifies VASP as Class 3, and after it takes effect in January 2027, relevant institutions will need to comply with the same requirements as securities brokers, securities distributors, and foreign exchange brokerage firms.