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Wednesday, 28 October 2026 Reading Room

Finance & Markets

Brazilian firms accelerate stablecoin trading during presidential election

Brazilian companies sharply increased trading in dollar-backed stablecoins during Sunday’s presidential election, seeking protection against currency volatility as the country’s conventional financial markets remained closed. Corporate accounts accounted for 78% of trading volume on cryptocurrency exchange Mercado Bitcoin on 25 October, when President Luiz Inácio Lula da Silva defeated challenger…

thearabianpost.com ·

We haven't written up this one. Arabian Post has the full story — the link below goes straight to it.

Read the original at thearabianpost.com →

More in Finance & Markets

From Kenya Power to Kenya Airways: Why Ndindi Nyoro is betting on small NSE stocks

Kiharu Member of Parliament (MP) Ndindi Nyoro is building a reputation as an active investor on the Nairobi Securities Exchange (NSE), with stakes in companies whose share prices, business prospects…

  • Ndindi Nyoro invests in Kenya Power, Kenya Airways, and Olympia Capital Holdings
  • Acquired 32.5 million shares in Kenya Power in 2023, now worth Ksh491.3 million
  • Holds 9.76% stake in Olympia Capital Holdings, aiming for 25% ownership

·peopledaily.digital

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