
PANews|Sep 28, 2025 05:23
[Mercado Bitcoin Executive States Corporate Clients Account for 10% to 15% of Custodied Assets on the Platform]
According to a report by CoinDesk, Daniel Cunha, Head of Corporate Development at Mercado Bitcoin, Brazil's largest cryptocurrency exchange, stated in an interview: 'Corporate clients (primarily small and medium-sized enterprises) account for 10% to 15% of the assets custodied on the platform. These companies never easily utilize more than 10% of their holdings at any given time. They hold cryptocurrencies for long-term reserves rather than for trading.' He pointed out that these companies mainly use Bitcoin to hedge against the risks of global market volatility affecting cash reserves. Factors such as rising inflation, currency devaluation, and geopolitical instability are driving increasing concerns.
Cunha did not disclose the specific scale of these companies' holdings on the Mercado Bitcoin platform. He noted that these companies are not seeking high returns or attempting to invest in other altcoins but are focused on asset management using Bitcoin and stablecoins like USDT and USDC. These holdings primarily serve conservative cash management needs rather than speculative purposes. He also highlighted that the growing institutional participation is having a positive impact: the overall volatility of the cryptocurrency market has decreased. This makes Bitcoin more appealing to financial executives, even though corporate adoption of cryptocurrencies in Brazil is still in its early stages.
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