
Brazil's Crypto Market: Insights from Tax Authority Data — H1 2026
Brazil's declared crypto market reached R$283bn in H1 2026 — a ~R$566bn/year run-rate — with stablecoins at 92% of volume and 37% of it outside domestic exchanges.


An independent research desk on the merge of crypto and traditional finance — stablecoins, tokenization, DeFi, regulation and prediction markets. We read the market from Brazil and LatAm, where the next rails are being built first.

Brazil's declared crypto market reached R$283bn in H1 2026 — a ~R$566bn/year run-rate — with stablecoins at 92% of volume and 37% of it outside domestic exchanges.





















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