Young Brazilians Embrace Safe Crypto

Brazils crypto boom is driven by young, cautious investors seeking low-risk options like stablecoins and tokenized bonds. Renda Fixa Digital, a digital fixed income product, saw a 100% increase in trading volume, beating Brazils risk-free benchmark rate by 32%. Middle-income investors park up to 12% of their portfolios in stablecoins, while lower-income users put over 90% into bitcoin. Recent regulations have fueled this cautious growth, with transaction volume rising 43% year over year and Mondays being the peak day for new sign-ups and trades. Platforms like Liqi and AmFi are also offering similar real-world asset products.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.