ABcripto: "Disproportionate" Stablecoin Lock-up Proposal by Central Bank of Brazil

Odaily reported that the Brazilian Crypto Economics Association, ABcripto, has requested the Central Bank of Brazil to suspend a proposal that would introduce a 24-hour delay for large stablecoin transfers. The association opposes the central bank's previous suggestion to implement a 24-hour lock-up window for stablecoin transfers exceeding $10,000, stating that the measure would affect transparent market participants using regulated entities, while illegal actors would not be impacted. ABcripto's members include Binance, Coinbase, Crypto.com, and Tether.

The Central Bank of Brazil cited Chainalysis' crypto crime report, which stated that the volume of illegal transactions reached an all-time high in 2025. ABcripto President Julia Rosin stated that illegal actors typically avoid regulated institutions and prefer platforms that do not require identity checks, mixers, cross-chain bridges, and other less transparent structures.

ABcripto further argued that the lock-up measure could undermine the use case of stablecoins for near-instant settlements, potentially driving users towards unregulated service providers. Currently, the Brazilian Congress is discussing specific regulations for stablecoins, and the Central Bank of Brazil plans to classify stablecoins as electronic currency, rather than under the current digital asset classification. (Bitcoin.com News).