
Episode #2
Brazil's Stablecoin Crackdown: Volume Grew Anyway
<p>Brazil just tightened the rules on stablecoins — and volume grew right through it anyway.</p><p>This episode breaks down two sides of the same story. Brazil spent the past year building Latin America's most credible regulated crypto framework, then closed one specific settlement corridor stablecoins could use. Adoption didn't slow down. Meanwhile, Wall Street spent the same few months racing to build the exact same rails: Circle got a federal bank charter, BNY put USDC into custody, and Samsung put stablecoin support on 241 million phones.</p><p>What we cover:</p>Why trade settlement and dollarization — not speculation — are th...

