BRAZIL CRUSHES STABLECOINS! $USDE $FRAX NEXT?
This bill could detonate the stablecoin market. Brazil just banned algorithmic stablecoins. Unbacked stablecoins are now financial fraud. Severe penalties await. Foreign stablecoins like $USDT and $USDC face major hurdles. Exchanges must verify compliance. Stablecoins are 90% of Brazil's crypto volume. This is HUGE. The bill is moving fast. Don't get caught off guard.
Disclaimer: This is not financial advice.
#CryptoNews #Stablecoins #Brazil #Regulation 🚨

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