Brazilian companies turned to stablecoins on election day to dodge a currency crash

AnalysisMarketNews
By xnftcrypto

Brazilian companies turned to stablecoins on election day to dodge a currency crash

USDT volume on crypto exchange Mercado Bitcoin jumped nearly 800% and bitcoin volume surged 865%. Binance’s USDT/BRL market tripled while the global BTC/USDT pair fell.

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bitcoin
Bitcoin (BTC) $ 80,535.00
ethereum
Ethereum (ETH) $ 2,345.21
tether
Tether (USDT) $ 0.999012
bnb
BNB (BNB) $ 749.00
xrp
XRP (XRP) $ 1.32
usd-coin
USDC (USDC) $ 0.999516
solana
Solana (SOL) $ 100.80
tron
TRON (TRX) $ 0.328603
staked-ether
Lido Staked Ether (STETH) $ 2,265.05
figure-heloc
Figure Heloc (FIGR_HELOC) $ 1.03
zcash
Zcash (ZEC) $ 1,299.26
hyperliquid
Hyperliquid (HYPE) $ 81.07
dogecoin
Dogecoin (DOGE) $ 0.078122
monero
Monero (XMR) $ 598.89
usds
USDS (USDS) $ 1.00
whitebit
WhiteBIT Coin (WBT) $ 77.37
wrapped-steth
Wrapped stETH (WSTETH) $ 2,779.67
chainlink
Chainlink (LINK) $ 11.47
leo-token
LEO Token (LEO) $ 9.03
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 76,243.00
cardano
Cardano (ADA) $ 0.204852
binance-bridged-usdt-bnb-smart-chain
Binance Bridged USDT (BNB Smart Chain) (BSC-USD) $ 0.998762
near
NEAR Protocol (NEAR) $ 4.63
wrapped-beacon-eth
Wrapped Beacon ETH (WBETH) $ 2,466.93
stellar
Stellar (XLM) $ 0.169568
bitcoin-cash
Bitcoin Cash (BCH) $ 290.72
rain
Rain (RAIN) $ 0.007187
wrapped-eeth
Wrapped eETH (WEETH) $ 2,465.31
ethena-usde
Ethena USDe (USDE) $ 0.999308
susds
sUSDS (SUSDS) $ 1.08
dai
Dai (DAI) $ 1.00
uniswap
Uniswap (UNI) $ 7.10
litecoin
Litecoin (LTC) $ 56.75
canton-network
Canton (CC) $ 0.099061
coinbase-wrapped-btc
Coinbase Wrapped BTC (CBBTC) $ 76,366.00
avalanche-2
Avalanche (AVAX) $ 8.86
usd1-wlfi
USD1 (USD1) $ 0.999017
blockchain-usd
Blockchain USD (USDB) $ 0.932324
sui
Sui (SUI) $ 0.922332
weth
WETH (WETH) $ 2,268.37
the-open-network
Gram (prev. Toncoin) (GRAM) $ 1.22
hedera-hashgraph
Hedera (HBAR) $ 0.075997
tether-gold
Tether Gold (XAUT) $ 4,051.41
usdt0
USDT0 (USDT0) $ 0.998824
global-dollar
Global Dollar (USDG) $ 0.999973
paypal-usd
PayPal USD (PYUSD) $ 1.00
bittensor
Bittensor (TAO) $ 252.29
quant-network
Quant (QNT) $ 199.80
shiba-inu
Shiba Inu (SHIB) $ 0.000005
ethena
Ethena (ENA) $ 0.208774
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