In Brazil, cryptocurrency adoption is not driven by traders betting big on volatile tokens. It is being shaped by younger, more cautious investors, who often use stablecoins and tokenized bonds as a way to protect their wealth.
According to new data from local cryptocurrency exchange Mercado Bitcoin, shared with CoinDesk via a report titled “Raio-X do Investidor em Ativos Digitais,” the fastest-growing cohort of investors this year was under 24 years old.
Participation among this age group increased by 56% from the previous year, with many opting for low-volatility assets, such as stablecoins and fixed-income digital products, as an entry point, the report said.
These products, offered on the platform under the name Renda Fixa Digital (RFD), which directly translates to “digital fixed income securities,” allow investors to purchase tokenized tranches of real-world income-generating assets. Their naming is part of Mercado Bitcoin’s “invisible blockchain” approach.
In 2025 alone, RFD volume more than doubled, with Mercado Bitcoin distributing 1.8 billion reais (around $325 million) to users. On average, these products delivered 132% of Brazil’s “risk-free” benchmark rate, the Certificado de Depósito Interbancário (CDI).
Other protocols in Brazil also offer similar blockchain-based products. Real-world asset (RWA) platforms offering fixed income products in the country include Liqi and AmFi.
The exchange also reported a 43% year-over-year increase in overall crypto trading volume, with Monday becoming the busiest day for both new investors and trading activity.
This trend suggests a shift in how cryptocurrency is used: from a speculative vehicle to a more integral part of a weekly financial routine.
Investing based on income
Investor strategy differed greatly depending on income bracket.
Middle-income users were more likely to allocate funds to stablecoins, up to 12% of their portfolios, while keeping 86% in less volatile assets, likely tokenized bonds.
“Important events, such as the Central Bank’s regulation of crypto and the rise of stablecoins, have further increased Brazil’s interest in digital assets,” Fabrício Tota, vice president of Crypto Business at Mercado Bitcoin, said in the report.
Brazil’s central bank introduced new cryptocurrency rules last month, requiring crypto service providers to obtain licenses and establishing specific capital requirements.
Low-income investors have placed more than 90% of their funds in traditional cryptocurrencies like bitcoin, likely seeking higher returns and accepting the added risk, according to the report.
