Brazilian companies turned to stablecoins on election day to dodge a currency crash

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This is the summary CoinDesk publishes in its feed. The full article lives on their site.
A collaboration with payments-tech firm ACI Worldwide will pilot folding USDC settlement into Colombia’s instant-payments network.
An FBI affidavit estimates at least $516,695 in losses across 74 victim-linked wallets and describes unlimited USDT spending approvals.
A direct Aave deposit earns through one reserve; Bitso’s Morpho vault delegates allocations to a curator. Neither balance guarantees immediate USDC withdrawals.
The platform says a preliminary investigation points to a possible compromise of its third-party API documentation site, which it has taken offline.
USDC’s share of euro stablecoin trading has climbed to 56% since January 2024, with deeper liquidity as exchanges restrict USDT under MiCA.