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Brazil Bans Crypto Transfers as Meta Launches USDC Payouts

by Catatonic Times
May 3, 2026
in Bitcoin
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Key Takeaways:

On April 30, Brazil’s Central Financial institution banned crypto in cross-border funds, impacting establishments by Oct 1. Bitso’s 2025 report reveals stablecoins drove 40% of Latam crypto buys, shifting the market towards stability. In 2026, Meta and Stripe launched USDC payouts in Colombia, concentrating on frictionless future creator funds.

Brazil Bans Crypto in Cross-Border Funds

The Central Financial institution of Brazil is shifting to curb the institutional adoption of cryptocurrency property, together with bitcoin and stablecoins, inside its regulated cross-border cost system.

Decision No. 561, revealed on April 30, amends earlier resolutions to enhance the provisions of worldwide funds of switch companies, banning cryptocurrency as an possibility that establishments offering these cross-border cost and trade companies can faucet.

The doc stresses that these transactions should be carried out “solely: I – by a overseas trade transaction or motion in a non-resident’s Brazilian actual account held in Brazil, with using digital property being prohibited.”

Nonetheless, the decision, which comes into impact on October 1, lists “digital property” as a particular class figuring out transactions, which means the financial institution acknowledges their existence however chooses to not enable their implementation in cross-border operations.

Learn extra.

Bitso: Stablecoins Hit 40% of Latam Crypto Buys

Bitso, one in every of Latam’s largest cryptocurrency service suppliers, has unveiled its 2025 Crypto Panorama in Latin America report, underscoring the important thing function of stablecoins within the area.

The report, which analyzed knowledge from almost 10 million prospects throughout key markets together with Argentina, Brazil, Colombia, and Mexico, discovered that just about 40% of all purchases in 2025 concerned dollar-pegged property, similar to USDT and USDC.

USDC’s share of purchases (23%) overcame Bitcoin (18%) and USDT (16%), which the trade took as an indication that its prospects at the moment are prioritizing monetary stability and liquidity over short-term methods.

Learn extra.

Meta Launches USDC Stablecoin Payouts for Creators in Colombia and the Philippines

The rollout marks Meta’s most concrete step but into crypto-based funds after years of regulatory setbacks. Creators who qualify can join a suitable crypto pockets to their Meta payout account and start receiving earnings in USDC, a dollar-pegged stablecoin, straight on the Solana or Polygon networks.

Stripe, which acquired stablecoin infrastructure agency Bridge, is the first accomplice powering the backend. Meta issued requests for proposals to third-party suppliers in February 2026, with Stripe rising because the main alternative. The present pilot displays what these early discussions focused: a workable, low-friction system for worldwide creator funds.

The trail to this second was not direct. Meta tried its personal cryptocurrency mission, initially referred to as Libra and later renamed Diem, between 2019 and 2022. Regulatory opposition from lawmakers in the USA and Europe killed the trouble.

Learn extra.



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Tags: bansBrazilcryptoLaunchesMetaPayoutsTransfersUSDC
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