USDT adoption in Brazil is surging, constituting 80% of all cryptocurrency transactions in the nation, as per data from Brazil’s revenue service agency. In mid-October, USDT transactions reached approximately 271 billion Brazilian reais (around $55 billion), nearly double the volume of Bitcoin transactions at 151 billion reais (about $30 billion).
Brazil’s USDT adoption soars in 2023, makes up 80% of all crypto transactions
