Brazil Leads the Crypto Surge in Latin America: How Stablecoins & Decentralized Finance Are Shaping the Region

Brazil is not just participating in the crypto boom, it’s driving it. The country saw $318.8 billion in cryptocurrency transactions between July 2024 and June 2025, nearly one-third of all Latin America activity, a remarkable jump from last year. This surge is driven by a convergence of factors: stablecoins for currency hedging, Brazil’s robust regulatory framework, and a growing institutional interest.