IMF urges tighter oversight of Brazil’s fast-growing stablecoin market
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🚨 IMF calls for stronger oversight of Brazil’s booming $USDT stablecoin market.
🇧🇷 Brazil sees cross-border crypto flows rising faster than traditional capital.
🔒 Banco Central do Brasil tightened digital asset regulations in April 2024.
📈 The country’s stablecoin activity is now highly sensitive to global market swings.
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