Brazil blocks stablecoins from key cross-border payment rail as $1.1 trillion market faces new limits

1 sources1 storiesFirst seen 9/19/2026Score17Mixed Progress

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Brazil blocks stablecoins from key cross-border payment rail as $1.1 trillion market faces new limits.

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Brazil's central bank will bar virtual assets, including stablecoins, from settling one specific type of international payment flow starting Oct.

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Resolution 561 targets the settlement leg between regulated foreign-exchange providers and their overseas counterparties, requiring that leg to run through a licensed FX transaction or a qualifying non-resident real account.

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Individual international transfers using […] The post Brazil blocks stablecoins from key cross-border payment rail as $1.1 trillion market faces new limits appeared first on CryptoSlate.

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