Brazil restricts stablecoin settlement inside eFX cross-border payment rails
Banco Central do Brasil Resolution 561 restricts eFX providers from using stablecoins or crypto assets to settle regulated cross-border payments.
- Source trust
- Standard reporting
- Coverage
- 1 source
- Source age
- Background source
- Added to TxFlows
- 2026-06-18 13:29 UTC
- As of
- 2026-07-17 00:48 UTC
What happened
- Banco Central do Brasil published Resolution 561 updating eFX rules for digital international payments and transfers.
- Global Finance reported that the change ends stablecoin settlement for eFX providers when the rules take effect on October 1, 2026.
Why it matters for stablecoins
The rule directly affects LATAM remittance and cross-border payment providers by changing whether stablecoin settlement can sit behind regulated eFX flows after October 1, 2026.
Timeline
Apr 30, 2026
Banco Central do Brasil published Resolution 561.
May 29, 2026
Global Finance covered the eFX stablecoin settlement impact.
Oct 1, 2026
The updated eFX rules take effect.
Sources
This event appears in Policy & Tax Treatment because 1 public source support the summary. TxFlows classifies the evidence as reported news and reported news, with a standard reporting trust tier. Publisher links are shown only when the URL is safe to expose.
Compiled from the public source documents and reporting listed below.
Reported news
- Reported articleStandard reporting
Global Finance Magazine: Brazil Nixes Settlement for Stablecoin eFX
Reported news / Reported news