In Brazil, crypto adoption is not being driven by traders betting heavily on volatile tokens. It is formed by more cautious younger investors, often using stablecoins and tokenized bonds as a means of protecting their wealth.
According to new data from local cryptocurrency exchange Mercado Bitcoin, shared with CoinDesk through a report titled “Raio-X do Investidor em Ativos Digitais,” the fastest growing investor group this year was under 24 years old.
Participants in this age group increased by 56% year-on-year, with many choosing low-volatility assets such as stablecoins and digital fixed income products as entry points, the report said.
These products will be offered on the platform as Renda Fixa Digital (RFD) (literally “digital bonds”), allowing investors to purchase tokenized slices of real-world income-producing assets. Their naming is part of Mercado Bitcoin’s “invisible blockchain” approach.
In 2025 alone, the amount of RFD more than doubled, with Mercado Bitcoin distributing R$1.8 billion (approximately $325 million) to users. On average, these products achieved 132% of Brazil’s “risk-free” benchmark interest rate, the Certificado de Depósito Interbancário (CDI).
Other protocols in Brazil offer similar blockchain-based products. Real World Asset (RWA) platforms that provide fixed income products in the country include Liqi and AmFi.
The exchange also reported that Monday was its busiest day for both new investors and trading activity, with overall cryptocurrency trading volume increasing 43% year-over-year.
This pattern suggests that the way cryptocurrencies are used is changing from a speculative tool to a more integral part of weekly financial routines.
Investment according to income
Investor strategies varied widely by income bracket.
Middle-income users are more likely to allocate up to 12% of their portfolio to stablecoins, with 86% kept in more volatile assets (likely tokenized bonds).
“Important events such as central bank cryptocurrency regulation and the rise of stablecoins have further increased Brazilian interest in digital assets,” Fabricio Totá, Vice President of Crypto Business at Mercado Bitcoin, said in the report.
Last month, Brazil’s central bank introduced new cryptocurrency regulations, requiring cryptocurrency service providers to obtain a license and setting certain capital requirements.
According to the report, low-income investors park more than 90% of their money in traditional cryptocurrencies such as Bitcoin, and are likely seeking higher returns and accepting additional risk.
