Conduit and Braza Group Launch Stablecoin FX Swap Trading Service in Brazil

Odaily News Stablecoins are becoming increasingly popular in the cross-border payment sector, and this sector is expected to achieve significant growth by 2030. It is reported that Conduit and Brazil's Braza Group have cooperated to use stablecoins to achieve real-time foreign exchange swaps between Brazilian reals, US dollars and euros. The service allows users to convert Brazilian reals into US dollars or euros and settle transactions using stablecoins within minutes. (CoinDesk)