According to a report from Jinse Finance, during a technical speech at the Blockchain conference in Brazil, auditor of the Federal Tax Authority of Brazil, Flávio Correa Prado, revealed that under current regulations, the monthly reported volume of cryptoassets transactions has reached between 6 billion and 8 billion USD. He stated that if the current trend continues, this figure could rise to 9 billion USD per month by 2030. The majority of the trading volume comes from stablecoins like USDT and USDC, with stablecoin trading volume even accounting for 90% of the total reported trading volume in some months. Bitcoin used to dominate, but with the country increasingly accepting stablecoins, Bitcoin has taken on a secondary role.$BTC $ETH $BTC
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According to a report from Jinse Finance, during a technical speech at the Blockchain conference in Brazil, auditor of the Federal Tax Authority of Brazil, Flávio Correa Prado, revealed that under current regulations, the monthly reported volume of cryptoassets transactions has reached between 6 billion and 8 billion USD. He stated that if the current trend continues, this figure could rise to 9 billion USD per month by 2030. The majority of the trading volume comes from stablecoins like USDT and USDC, with stablecoin trading volume even accounting for 90% of the total reported trading volume in some months. Bitcoin used to dominate, but with the country increasingly accepting stablecoins, Bitcoin has taken on a secondary role.$BTC $ETH $BTC