Stablecoins Drive 90% of Brazil’s Crypto Volume, Tax Authority Data Shows
Analysis
Price Impact
LowStablecoins are designed for price stability, and the news about increased reporting in brazil primarily affects transparency and compliance, not their underlying peg or direct price volatility. the high volume indicates strong adoption.
Trustworthiness
HighThe data is sourced directly from brazil's tax authority, an official government entity, and the introduction of the decripto reporting system is a confirmed policy.
Price Direction
NeutralWhile increased regulatory oversight might influence user behavior and trading volumes in brazil, it does not inherently lead to a bullish or bearish price movement for stablecoins, which are pegged assets. the focus is on tracking, not restriction.
Time Effect
LongThe new decripto reporting system will be introduced in july 2025, giving market participants ample time to adapt and comply, and its full effects on the market will unfold over an extended period.
Original Article:
Article Content:
Policy Share Share this article Copy link X icon X (Twitter) LinkedIn Facebook Email Stablecoins Drive 90% of Brazil’s Crypto Volume, Tax Authority Data Shows A new reporting system, DeCripto, will be introduced in July 2025 to track crypto transactions. By Francisco Rodrigues , AI Boost | Edited by Aoyon Ashraf Nov 29, 2025, 5:00 p.m. Brazil Stablecoins Tax AI Disclaimer: Parts of this article were generated with the assistance from AI tools and reviewed by our editorial team to ensure accuracy and adherence to our standards . For more information, see CoinDesk's full AI Policy . More For You Protocol Research: GoPlus Security By CoinDesk Research Nov 14, 2025 Commissioned by GoPlus What to know : As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M. GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month. Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B. View Full Report More For You State of Crypto: Kalshi and Prediction Markets Face a Setback By Nikhilesh De , Jesse Hamilton Nov 29, 2025 The court cases will continue for the moment. Read full story Latest Crypto News Michael Saylor Sunday Change-Up Suggests New Announcement Coming Monday 53 minutes ago 'We Wear Your Loathing With Pride': Tether's Downgrade at S&P Sparks Online Battle 2 hours ago Ethereum Developers Prep for Fusaka, Second Upgrade of 2025 3 hours ago Is the Bitcoin Digital Asset Treasury Model Broken? Architect Partners Says No 3 hours ago Bitcoin ETFs Are Now BlackRock’s Top Revenue Source, Exec Says 20 hours ago Meet the Billion-Dollar Crypto Founder Who Started Trading at 9 Years Old 22 hours ago Top Stories Michael Saylor Sunday Change-Up Suggests New Announcement Coming Monday 53 minutes ago 'We Wear Your Loathing With Pride': Tether's Downgrade at S&P Sparks Online Battle 2 hours ago Bitcoin's 'Coinbase Premium' Flips Positive After Weeks in the Red Nov 29, 2025 Why Gold Is Winning Over Bitcoin in 2025: Liquidity, Trade, and Trust Nov 29, 2025 State of Crypto: Kalshi and Prediction Markets Face a Setback Nov 29, 2025 ‘Privacy Is the Immune System of Freedom’: Crypto Advocacy Sparks Uproar in São Paulo Nov 29, 2025