Brazil is not banning stablecoin payments. It is cutting off one of their key shortcuts in cross-border settlement. From Oct. 1, FX providers can no longer use stablecoins to settle aggregated international payment flows with overseas counterparties. That matters in a market that recorded R$1.13 trillion in declared stablecoin transactions through 2025. https://cryptoslate.com/brazil-blocks-stablecoins-from-key-cross-border-payment-rail-as-1-1-trillion-market-faces-new-limits/