The latest report from Chainalysis reveals that Brazil is the largest crypto economy in Latin America. The country moved $318.8 billion in crypto assets from July 2024 to June 2025, representing one-third of the Latin American (LATAM) crypto economy.
According to the recent report, the LATAM countries played an impressive role in fintech and managed to record nearly $1.5 trillion in cryptocurrency transaction volume between 2022 to 2025. Posing as a crypto leader in LATAM, Brazil continues to grow at a rate of 109.9% in the crypto market.
The top five contenders in the LATAM crypto ecosystem with the largest crypto transaction history are:
Chainalysis stated, “The growth in the Brazilian crypto economy has been driven largely by institutional and large institutional transfers, both of which grew in excess of 100% period-over-period. But the data also suggest that Brazil’s growth is broad-based, with meaningfully large increases for all transfer sizes.”
The report emphasized that the use of digital assets, including stablecoins, is becoming more common in LATAM. In fact, over 90% of Brazilian crypto flows are now stablecoin-related, positioning Brazil as the “regional growth hub.” With growing regulation and increased transaction volume in stablecoins, Brazil is expected to maintain its central position in crypto in the near future.
Moreover, Brazil has shown the strongest period-over-period growth in cryptocurrency purchases using local currency. This means Brazil’s fiat-to-crypto transactions remain its robust element.
The report outlined, “Colombian Peso, the Argentine Peso, and the Brazilian Real, stablecoin purchases make up over half of all exchange purchases between July of 2024 and the end of June 2025.”
Other than the top five countries in LATAM, some smaller markets also played a crucial role in ascending the crypto market in LATAM. Countries like Peru, with $28.0 billion, Chile $23.8 billion, and Bolivia $14.8 billion in crypto transactions, assisted in the evolution of digital assets in the region. Meanwhile, El Salvador contributed only $3.5 billion, despite its fondness for Bitcoin.
CoinPedia has been delivering accurate and timely cryptocurrency and blockchain updates since 2017. All content is created by our expert panel of analysts and journalists, following strict Editorial Guidelines based on E-E-A-T (Experience, Expertise, Authoritativeness, Trustworthiness). Every article is fact-checked against reputable sources to ensure accuracy, transparency, and reliability. Our review policy guarantees unbiased evaluations when recommending exchanges, platforms, or tools. We strive to provide timely updates about everything crypto & blockchain, right from startups to industry majors.
All opinions and insights shared represent the author's own views on current market conditions. Please do your own research before making investment decisions. Neither the writer nor the publication assumes responsibility for your financial choices.
Sponsored content and affiliate links may appear on our site. Advertisements are marked clearly, and our editorial content remains entirely independent from our ad partners.
2025 is turning into a defining year for XRP, as institutional interest in the token…
Rumble has partnered with Tether to introduce Bitcoin tipping for creators, set to launch between…
As the market conditions for Bitcoin and altcoins appear to have smoothed a bit, the…
XRP and Pepe are both riding a wave of bullish sentiment, with traders eyeing breakout…
Polymarket, a cryptocurrency-based prediction market platform, is hinting at major developments for what could be…
With a full-blown altseason approaching, investors are caught between betting on established altcoins like Solana…
