Stablecoins Emerging as Global Payments Infrastructure in Brazil

Stablecoins are transitioning from a niche crypto asset to a backbone for global payments. The article cites examples such as an Argentine user paying via Brazil's Pix system without a local CPF or bank account, and a Brazilian settling a foreign‑card bill using Pix, with the underlying settlement occurring through stablecoins in seconds.

Data from the Federal Reserve shows the worldwide stablecoin market reached roughly US$317 billion in 2026, after a 50% rise since early 2025. On‑chain transactions surpassed US$33 trillion in the past year, exceeding Visa’s annual processing volume. Citi projects the market could hit US$1.9 trillion by 2030, potentially reaching US$4 trillion in an optimistic scenario. In Brazil, stablecoins now account for about 80% of declared crypto‑asset volume, with monthly movements hitting tens of billions of reais, prompting attention from the Central Bank.