🇧🇷 Brazil may ban the transfer of stablecoins to self-custody wallets, but this could drive a shift towards decentralization! 📈

- The Central Bank of Brazil has proposed banning stablecoin transactions like USDT to self-custody wallets such as MetaMask.

- The people of Brazil are using stablecoins to protect their assets against the depreciation of the real.

- This regulation is expected to be publicly discussed until February next year.

🤔 Will this ban likely be approved?

- Carol Souza from Area Bitcoin believes that the regulation could become reality by 2025, but it will be difficult to enforce due to P2P transactions and decentralized platforms.

- Lucien Bourdon from Trezor states that the ban could slow down cryptocurrency adoption, but users will seek ways to trade freely.

💬 What do you think about this move by Brazil? Share your thoughts!