Gabriel Galipolo, chief of the Central Bank of Brazil, said in a recent event that the use of Crypto has risen in the country for the past two or three years. Interestingly, 90% of the crypto volume of the country is linked to Stablecoins.
Galipolo also expressed his concern about taxation and money laundering associated with the excessive use of crypto.
Stablecoins are bound by Real-World assets such as Fiat currencies or raw materials and are therefore less volatile than altcoins.
They act as a similar alternative to paper currencies and have enabled companies to make easy cross -border payments.
According to the chain analysis, Brazilians deposited around $ 90 billion between July 2023 and June 2024 (12 months). This was only behind Argentina in Latin -America, which at the same time deposited $ 91 billion.
The global volume of Stablecoin transfers also reached $ 27.6 trillion in 2024, which exceeded the volumes of Visa and Mastercard combined.
Stablecoin -Market capitalization surpasses $ 200 billion
The global market capitalization of Stablecoin crossed $ 200 billion a $ 37 billion increase since the appointment of the pro-Crypto Trump as the new president of the US. USDT deposits have risen to $ 43 billion – an increase of 41% in the last 3 months.
An increase in the stablecoin volume indicates an increasing liquidity in the cryptom markets, which is always a positive sign for an upcoming crypto (and bitcoin) rally. Experts believe that the upcoming Bull Run can be led by Stablecoins.
It is also worth noting that since Trump became the president, there is a huge increase in Meme Coin activity.
He launched his own token called $ Trump, who quickly rose to $ 75, which generated astonishing profit for early investors. It is now the fourth largest crypto in the world in terms of market capitalization.
With an influx of new traders into crypto, plus the market on their way to Stablecoins and Altcoins, the need for a reliable Crypto portionian has never been higher. This is true Best wallet token ($ best) comes in.
What is the best wallet -token?
$ Best Is the in-house token of the incredibly popular best wallet app-a decentralized, non-complaining crypto wallet that offers you access to more than 60 crypto chains. This allows you to buy, sell, exchange and follow all your crypto companies in one place.
Now, the $ Best token Is the best wallet -app on steroids, since it unlocks many benefits for token holders within the best wallet eco system.
For example, you get a lot of access to all upcoming Alpha tokens before they are for sale for the general public.
Moreover, all these tokens are examined internally by the $ best team, so that you do not accidentally lose money on scam websites.
You can find these tokens in the ‘tokens’ section of the app. This is, by the way, the same function that investors helped in identifying gems such as $ pepu and $ weak.
What is more, $ Best Token holders also benefit from lower transaction costs on the platform.
Moreover, you don’t have to go through an annoying KYC process to use the app. This saves you a lot of time and hassle and lets you start quickly on your Memecoin investment trip.
View our detailed best wallet review for more info.
Why can $ best be the next 100x meme coin?
By the end of 2026, the best wallet app seems to catch 40% of the non-straight crypto-wallet market. This translates into a huge turnover of $ 4 billion for the company.
Here are even more trust -inspiring songs for $ Best investors:
- Within just a few months after the launch, the app now has 250,000 active monthly users and a total of more than 500,000 users.
- The growth of the month in the month is a huge 96.3%.
- The installation growth of the app was 658% since the launch in November.
All in all, it was hardly a surprise that Best wallet token ($ best) Picked up $ 1 million within just 14 days after the launch of his presale.
So far it has collected $ 9.3 million and is fast on its way to $ 10 million.
More good news is that the developers have exciting plans for the future of Best Wallet. These include full Solana compatibility and the launch of the best card for seamless crypto payments.
However, always do your own examination before you buy crypto assets because they can be very volatile.
None of the above is also financial advice and you can consider consulting a professional financial adviser before you invest your hard -earned money.
