According to @JKronbichler, residents in Brazil who are not crypto investors are nevertheless using stablecoins to protect purchasing power in a volatile local currency environment, highlighting non-speculative, real-world demand (source: Jakob K on X, Aug 17, 2025). For traders, this source indicates utility-led baseline demand in emerging markets that can sustain stablecoin liquidity; monitoring BRL–stablecoin pair spreads, peer-to-peer premiums, and LatAm on/off-ramp activity may help identify flow-driven dislocations and liquidity pockets (source: Jakob K on X, Aug 17, 2025).