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Crypto

Ubitt links with Brazil\'s Pix, giving 170 million users access to USDT

Tether-backed payment app Ubitt has integrated with Brazil’s Pix payment system, opening access to USDT for about 170 million Pix users. Users can deposit reais into the Ubitt app, convert them into USDT and hold the stablecoin, then use Pix to make payments. Ubitt adviser Alex Obchakevich said users can send USDT using a Pix key or by scanning a QR code.

Crypto

Stablecoins\' share of local payments rises as cross-border use fades

a16z Crypto feature editor Robert Hackett (로버트 해캣) and partner Jeremy Zhang (제레미 장) wrote on X that stablecoin data now point to stablecoins becoming core financial infrastructure. They said regulation has accelerated growth, with adjusted volume about $4.5 trillion in the first quarter of 2026. They cited changes in transaction patterns and rising velocity, while estimating actual payments at $350 billion to $550 billion last year and noting local transactions rising to about 75% by early 2026.