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This Week’s Highlights
- Crypto payments platform Oobit expanded into Colombia after reporting more than 200% growth in Brazil, signaling accelerating stablecoin payment adoption across Latin America.
- Coinbase co-founder Fred Ehrsam reportedly explored investment opportunities tied to Venezuela’s financial recovery, while Mexico’s Grupo Salinas deepened its stablecoin infrastructure initiatives.
- The global stablecoin market capitalization reached a new all-time high above $323 billion, with more than $1.5 billion in weekly inflows entering the sector.
Oobit Expands Into Colombia After Rapid Growth in Brazil
Crypto payments platform Oobit announced its expansion into Colombia following strong traction in Brazil, where the company reported more than 200% growth in activity since launching in late 2024. The move reflects increasing demand across Latin America for stablecoin-powered payment systems and dollar-linked digital assets.
According to the company, Brazilian users are averaging roughly $400 in monthly spending across around 20 transactions per month, demonstrating growing real-world usage of crypto payments beyond speculative trading. Oobit identified Colombia as a strategic market due to rising stablecoin activity and increasing demand for digital dollar access throughout the region.
The expansion highlights how stablecoins are increasingly being positioned as consumer payment infrastructure across emerging markets, particularly in economies where access to dollar-denominated liquidity remains highly valuable.
Stablecoins Gain Momentum Across Latin America
This week’s developments in Latin America pointed to growing institutional and corporate interest in stablecoin infrastructure. Reports indicated that Coinbase co-founder Fred Ehrsam met with officials connected to Venezuela’s financial recovery efforts to explore potential investment opportunities in the country’s digital finance ecosystem.
At the same time, Mexico’s Grupo Salinas continued expanding its stablecoin initiatives through a partnership involving Anchorage Digital and Coinpro, its crypto exchange platform. The collaboration aims to support cross-border settlement operations and broader stablecoin-based financial flows.
These developments suggest that stablecoins are becoming increasingly integrated into cross-border commerce and financial infrastructure throughout Latin America, where businesses and consumers continue seeking faster and more accessible alternatives to traditional payment systems.
Stablecoin Market Cap Climbs Above $323 Billion
The global stablecoin sector reached a new all-time high this week, with total market capitalization surpassing $323.3 billion after approximately $1.5 billion in net inflows entered the market over seven days.
Tether’s USDT remained the dominant stablecoin with market share near 58.7% and capitalization approaching $190 billion. The continued expansion reflects sustained institutional and retail demand for dollar-backed digital assets used for trading, settlement, liquidity management, and decentralized finance activity.
The steady growth in stablecoin supply reinforces broader market expectations that stablecoins will continue evolving into a foundational layer for global digital payments and blockchain-based financial infrastructure.
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This Weekly Summary is prepared by brava.finance.
About Brava Finance:
Brava Finance is a high-yield cash allocation platform that gives professional investors access to blockchain-based stablecoin credit markets. By routing capital into hundreds of secure, collateralised lending pools, Brava delivers automated, transparent, and risk-adjusted yield while users retain full control of their assets through non-custodial smart vaults. Built for capital allocators, Brava combines institutional-grade infrastructure with next-generation financial access.
Disclaimer: Brava Finance does not provide financial advice or guarantee investment performance. Users should assess their own financial circumstances and risk tolerance before using the platform. Brava operates in compliance with applicable regulations and does not manage or hold client funds. Users remain in control of their assets at all times.
Citations:
https://news.bitcoin.com/stablecoin-market-cap-tops-323-3-billion-as-weekly-inflows-log-1-5-billion/
