Bitcoin surpasses US$75 thousand: a decade of transformation
In March 2025, Bitcoin (BTC) celebrated another historic milestone by reaching the US$75,000 mark for the first time, an impressive jump from the US$5 traded in 2012. This appreciation not only reflects the maturity of the asset as a global store of value, but also highlights its growing institutional adoption and as a hedge against inflation in emerging markets like Brazil. According to data fromBitcoin Magazine, the crypto asset navigated through several crises — from the fall of 2018 to the rise of 2021 — and consolidated itself as one of the most volatile and, at the same time, most resilient assets in financial history.
In Brazil, where inflation accumulated in the last 12 months exceeded 4% (IBGE, February/2025), Bitcoin has gained space as an alternative for asset protection. Companies likeBitcoin Market e Foxbitrecorded a 35% increase in BTC trading volume in reais in the first months of 2025, according to a report fromBrazilian Cryptocurrency Association (ABCripto). Experts point out that asset appreciation is directly linked to the search for assets not correlated to the traditional banking system, especially in a scenario of high interest rates and economic uncertainty.
Stablecoins in check: what could the US bill mean for Brazil?
While Bitcoin celebrates its trajectory, the cryptocurrency market faces another challenge: the regulation ofstablecoins. In the United States, a proposed law that seeks to regulate the issuance and yield of these currencies is about to be voted on this week. According to information from theDecrypt, the White House has already signaled that it may announce an advance on the agenda, which could bring more clarity — or restrictions — to the sector.
In Brazil, the discussion is no different. THESecurities and Exchange Commission (CVM)and theCentral Bank (BC)have been focusing on regulatory models for stablecoins, especially after the 200% growth in the volume of transactions with USDC and USDT in 2024, according to data fromChainalysis. The central concern is to avoid systemic risks, such as the lack of backing in real assets or excessive concentration in foreign issuers. Projects like theReal Digital, the BC's digital currency, are also on the agenda, as they can compete directly with foreign stablecoins in Brazilian retail.
For Brazilian investors, the regulation of stablecoins could be a game changer. On the one hand, clear regulation could attract more international players to the local market, increasing liquidity. On the other hand, very strict rules could ward off innovations, such as DeFi (decentralized finance) protocols that depend on stablecoins to function. Companies likePagCriptoand theBitPrecoare already adjusting their operations to adapt to possible changes, reinforcing the need for compliance in a sector still in transition.
Jack Mallers returns to center stage: what to expect from Bitcoin 2026?
Another recent milestone was the confirmation ofJack Mallers, founder of Strike, as speaker at theBitcoin 2026, one of the biggest cryptocurrency events in the world. Mallers gained notoriety in 2022 by enabling Bitcoin payments via Strike, integrating the Lightning network with the traditional financial system. Your presence at the event reinforces the trend of convergence betweenWeb3and global payment systems, an increasingly relevant topic in Brazil, where fintechs such asNubank e PicPayare already exploring solutions with cryptocurrencies.
The event, scheduled to take place in Nashville (USA), should focus on practical use cases for Bitcoin, such as microtransactions and international remittances — two segments with great potential in Brazil. According toBitcoin Magazine, Mallers must address how technology can reduce costs in remittances, which move more than US$5 billion annually in the country, according to data from theWorld Bank.
Impact on the Brazilian market: between opportunities and regulation
The current scenario for cryptocurrencies in Brazil is one of cautious optimism. On the one hand, the appreciation of Bitcoin and interest in stablecoins reflect greater institutionalization of the sector. On the other hand, the absence of definitive regulation still generates uncertainty. THEProvisional Measure 1,171/2023, which deals with the taxation of cryptoassets, was an important step, but there is still a lack of a specific law for the sector.
According toABCripto, Brazil occupies the 15th position in the global ranking of cryptocurrency adoption, with an average daily volume of US$ 250 million in transactions. However, the potential is greater: the country has one of the largest exchange user bases in the world, estimated at 12 million people, according toStatista. The regulation of stablecoins, in this context, could be the next big chapter to boost or slow this growth.
Conclusion: Brazil at the crossroads of cryptocurrencies
Bitcoin's trajectory over the last 13 years and discussions about stablecoins and regulation in the US and Brazil show that the cryptocurrency market is at a decisive moment. For Brazilian investors, the combination of Bitcoin's rise, growing adoption of stablecoins and possible regulatory changes creates an environment of opportunities — but also risks. While the world debates governance models, Brazil needs to find a balance between innovation and legal security so as not to be left behind in the Web3 revolution.
The next decade promises to be as volatile as the previous one, but one thing is certain: cryptocurrencies are no longer just a passing phenomenon. They are a reality that is here to stay — and Brazil, with its technological base and engaged population, has everything it needs to be a protagonist in this new scenario.