Stablecoins for Fintechs in Brazil: A Practical Guide
A practical guide for fintechs exploring stablecoin payments in Brazil.
The strategic case for stablecoins in Brazil
Brazil is establishing itself as Latin America’s most advanced digital finance market—one where regulation, technology and user behavior are evolving in step.
The Central Bank’s Drex initiative introduces a tokenized real with programmable logic via smart contracts; Law No. 14,478 formally recognizes stablecoins within a clear legal framework. PIX already processes more than 150 million payments a day, while Open Finance Brasil is paving the way for unprecedented data interoperability. In this context, stablecoins are not just a new way to pay—they are becoming critical infrastructure for connecting domestic innovation to the global financial system. They offer faster, cheaper and programmable alternatives to traditional corridors—but they require fluency in constantly evolving rules, such as the recent changes to IOF.
This playbook covers the questions strategy teams are already asking:
- What are the unconventional use cases?
- What can stablecoins do that traditional systems can’t?
- And how do you build in a market that is already a step ahead?
Download the full report here
About the author
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Sphere Team
Insights and research
Sphere's team sits at the intersection of two worlds that rarely hire from each other: regulated payments and blockchain infrastructure. Founded in 2022, Sphere was built to modernize cross-border settlement for businesses and institutions by pairing stablecoin rails with licensed financial plumbing.Company leadership is a mix of fintech unicorn alumni, bank and payments-native engineers, and compliance veterans with experience licensing first-of-their-kind regulated entities in emerging industries.
The team also publishes original research on stablecoins and their role in the global financial system, contributing to the policy conversation shaping the space.
Operating experience runs deepest in LATAM and the Americas, with licensing and corridor work extending into APAC and beyond.
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