Bitcoin
Brazilian companies turned to stablecoins on election day to dodge a currency crash
CoinDesk·October 27, 2026·1 min read
On election day, Brazilian companies turned to stablecoins to dodge a currency crash. USDT volume on Mercado Bitcoin jumped nearly 800% and bitcoin volume surged 865%. Binance's USDT/BRL market tripled while the global BTC/USDT pair fell, showing a flight to crypto amid economic uncertainty.
Read at CoinDeskDaily crypto arcade
Read the news, then play it.
Chainshorts turns crypto headlines into a daily game. Catch up in 60 words, then jump into daily lucky draws for a shot at the pot.