New research shared with rebels shows that while many Brazilians seem to trust stubcoins, using them in their daily lives remains a challenge.
A report from the payment app OOBIT in July 2025, which surveyed Brazilian crypto users ages 23 to 45, found that around 91.8% of people hold tethers (USDT) – primarily. Still, only 54.3% paid on Crypto, and only 37% went in store or online.
“Brazil is actively accepting stubcoin adoption. The USDT is dominated. Crypto literacy is high. And people are not just holding it – they are actively involved at a high level.
Oobit CEO Amram Adar told Defiant that the investigation was portrayed to hundreds of verified Brazil-based crypto users identified through third-party tools and internal research teams.
Even those using Crypto gave the payment tool 3.28 out of five satisfaction scores. Survey respondents pointed to the high fees (41%) and the fact that there are few places to accept Crypto (39%) as the top two barriers.
Other concerns include slow transactions (17%), difficult-to-use apps (11%), and other issues (7%).
According to ADAR, these issues reflect infrastructure shortcomings more than regulatory or tax-related barriers. “The real challenge is infrastructure,” he explained, adding that most merchants “rely rely on the setup of existing card systems and sales points. Asking them to adopt cryptography directly means disrupting the behavior that creates resistance.”
Legal uncertainty only occurs when companies handle crypto assets directly, Adar added. “If payments are resolved in local currency and the merchant does not deal with crypto, then that legal concern will disappear. From a merchant’s perspective, it is simply another card transaction and does not add any additional compliance burden.”
A market that is well-versed in crypto
Adar adds that Brazilian users are ranked as “global cutting edge crypto participants,” and says they “are eager to use crypto in real life, trading, staking and eager to do so.”
The study portrays Brazil as a crypto-savvy market, but awaits a way to make it more smoother every day. OOBIT said in the report that similar trends appear to be emerging in countries such as Türkiye, Nigeria, Indonesia and Argentina. “If Stablecoins don’t work in Brazil, where there’s a digitally fluent, reliable economy from crypto, then we’ll struggle everywhere until the rails catch up,” Adar added.
In a mid-June report, Blockchain forensics company Chain Orisis warned that Stablecoins faces a variety of risks ranging from technical flaws to complete fraud.
Smart contract vulnerabilities are also a major concern, as code bugs can be exploited to drain funds. Detention violations are another threat, and hackers could potentially gain access to reserve assets and minting mechanisms, Chain Analysis added.
