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Brazilians turn to Stablecoins for a hedge against volatility

 

As a way to protect themselves from economic volatility, Brazilians are turning towards stablecoins. This is what is happening in the wake the inauguration the new government of Luis Inacio “Lula” Da Silva. According to statements from exchange executives, stablecoin trading volumes have risen in 2022, particularly during the inauguration of Luis Inacio “Lula” Da Silva’s new government.

 

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