Trump targets Brazil's payments system while dollar stablecoins are quietly overtaking country's payments

AI Summary Washington views Brazil’s promotion of non-dollar payment channels, including Pix and the growth of stablecoins, as a potential threat to dollar-based trade, even as dollar-linked stablecoins account for about 90% of Brazil's crypto transactions. fulltext: 246 chars | fulltext source: rss-fallback | summary method: extractive Original: https://www.coindesk.com/business/2026/07/18/trump-targets-brazil-s-payments-system-while-dollar-stablecoins-quietly-dominate-country-s-payments Source: CoinDesk