Daniel Cunha, the head of corporate development at Brazil's largest crypto exchange Mercado Bitcoin, stated that corporate clients (mainly small and medium-sized enterprises) account for about 10%-15% of the assets held on their platform, and these companies typically do not utilize more than 10% of their Holdings, as their purpose for holding coins is long-term reserves rather than trading. Corporations mainly engage in conservative cash management through Bitcoin and stablecoins such as USDT and USDC to hedge against inflation, Exchange Rate depreciation, and geopolitical risks. Cunha noted that institutional participation is reducing market Fluctuation, making Bitcoin more attractive to financial managers. (CoinDesk)

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