[{"data":1,"prerenderedAt":533},["ShallowReactive",2],{"content-\u002Fresources\u002Fmore\u002Fbrazil-stablecoin-rules-for-payout-teams":3,"resources-category-brazil-stablecoin-rules-for-payout-teams":517},{"title":4,"seoTitle":5,"description":6,"date":7,"updated":7,"category":8,"faq":9,"howto":28,"body":29},"Brazil's stablecoin rules for payout teams: Resolutions 519, 520, 521 and 561 explained","Brazil stablecoin rules for payout teams (2026)","A dated timeline of Brazil's stablecoin rules for payout teams: Resolutions 519 to 521, 561, 574 and 591, plus questions to ask your provider.","2026-11-03","compliance",[10,13,16,19,22,25],{"q":11,"a":12},"Is paying Brazil with stablecoins legal?","Yes, through an authorized provider. Since 2 February 2026, Resolution BCB 521 treats international payments and transfers with virtual assets as foreign exchange operations. In practice, that means using a provider authorized as an SPSAV, or lawfully inside the transitional regime, and documenting the reason for each payment. Check your own position with Brazilian counsel.",{"q":14,"a":15},"What is an SPSAV?","SPSAV stands for Sociedade Prestadora de Serviços de Ativos Virtuais, the Brazilian company form that the Central Bank's Resolutions 519, 520 and 521 authorize to provide virtual asset services. Companies already operating before 2 February 2026 could file under the transitional regime in Article 88 of Resolution 520 and keep operating while the Central Bank reviews them.",{"q":17,"a":18},"Do I need to document the purpose of a payment?","Treating stablecoin payments as foreign exchange operations means the provider will ask for the reason behind each cross-border payment, such as a supplier invoice or a contract. Keep the document ready before you request a quote, because a missing purpose is a common reason for a hold. Your provider and counsel decide exactly which documents apply.",{"q":20,"a":21},"What changed on 1 October 2026?","Two things. Resolution 561 began to bar eFX providers from settling with foreign counterparties in virtual assets, while individual international transfers using virtual assets remain permitted, according to CryptoSlate on 19 September 2026. Separately, the COAF reporting duty for transfers of 10,000 USD or more to or from self-custodied wallets took effect.",{"q":23,"a":24},"What is the 100,000 USD limit?","Notabene, cited by LatAm Rails on 3 November 2026, says SPSAVs without full foreign exchange authorization face a 100,000 USD per-transaction limit. Practitioners advise early partnerships with authorized FX institutions. Ask your provider whether it holds full FX authorization or routes through a partner that does, and how it handles larger payments.",{"q":26,"a":27},"When does monthly reporting start?","FX-authorized institutions must report virtual-asset operations monthly from 3 November 2026 under Resolution 574, due by the 5th of the following month, so November's data is due 5 December, per LatAm Rails. The duty sits with the institution, but expect your provider to ask you for transaction details to feed it.",null,{"type":30,"value":31,"toc":503},"minimark",[32,36,45,51,70,75,78,98,102,105,253,256,259,267,279,283,290,293,297,305,323,336,340,343,413,416,420,423,427,430,433,437,481,485,497],[33,34,35],"p",{},"Since 2 February 2026, Brazil treats international payments and transfers using virtual assets, and buying or exchanging stablecoins, as foreign exchange operations. Providers need SPSAV authorization or a valid transitional filing. Payout teams should pick a provider that can show its status and explain its reporting and limits.",[33,37,38,39,44],{},"This is a dated reference as of 3 November 2026, for compliance and product teams paying Brazilian recipients. It supports our guide to the ",[40,41,43],"a",{"href":42},"\u002Fresources\u002Fmore\u002Fwhat-is-a-stablecoin-payouts-api","stablecoin payouts API",". It is general information, not legal advice. Confirm every point with Brazilian counsel and the primary text.",[33,46,47],{},[48,49,50],"strong",{},"Key takeaways",[52,53,54,58,61,64,67],"ul",{},[55,56,57],"li",{},"The Central Bank of Brazil published Resolutions 519, 520 and 521 on 10 November 2025, and they took effect on 2 February 2026.",[55,59,60],{},"Resolution 561, from 1 October 2026, bars eFX providers from settling with foreign counterparties in virtual assets, while individual international transfers using virtual assets remain permitted (CryptoSlate, 19 September 2026).",[55,62,63],{},"Monthly reporting for FX-authorized institutions starts on 3 November 2026 under Resolution 574, due by the 5th of the following month (LatAm Rails, 3 November 2026).",[55,65,66],{},"Resolution 591 has authorized institutions report transfers of 10,000 USD or more to or from a company-controlled wallet to COAF.",[55,68,69],{},"Your best protection is a provider checklist, below.",[71,72,74],"h2",{"id":73},"what-did-resolutions-519-520-and-521-change","What did Resolutions 519, 520 and 521 change?",[33,76,77],{},"They created Brazil's licensing regime for virtual asset service providers and brought stablecoin payments inside the foreign exchange framework. The Central Bank published them on 10 November 2025, and they took effect on 2 February 2026, under Law 14.478\u002F2022.",[33,79,80,81,85,86,92,93,97],{},"Our ",[40,82,84],{"href":83},"\u002Fresources\u002Fmore\u002Fpsav-brazil-explained","PSAV explainer"," covers the licensing detail, including the transitional window in Article 88 of Resolution 520 for companies already operating. ",[40,87,91],{"href":88,"rel":89},"https:\u002F\u002Fwww.bcb.gov.br\u002Festabilidadefinanceira\u002Fexibenormativo?tipo=Resolu%C3%A7%C3%A3o%20BCB&numero=521",[90],"nofollow","Resolution BCB 521"," is the one that treats international payments and transfers with virtual assets as foreign exchange operations, as summarized in ",[40,94,96],{"href":95},"\u002Fresources\u002Fmore\u002Flatam-companies-pay-us-suppliers-stablecoins","how LatAm companies pay US suppliers with stablecoins",". It also defines a self-custodied wallet, which matters for the COAF rule below.",[71,99,101],{"id":100},"what-is-the-timeline-of-brazils-stablecoin-rules","What is the timeline of Brazil's stablecoin rules?",[33,103,104],{},"The table lists what changed, when and where the claim comes from. Dates are those reported by the cited source.",[106,107,108,127],"table",{},[109,110,111],"thead",{},[112,113,114,118,121,124],"tr",{},[115,116,117],"th",{},"Date",[115,119,120],{},"Rule",[115,122,123],{},"What it means for payout teams",[115,125,126],{},"Source",[128,129,130,148,163,181,199,217,235],"tbody",{},[112,131,132,136,139,142],{},[133,134,135],"td",{},"10 November 2025",[133,137,138],{},"Resolutions 519, 520, 521 published",[133,140,141],{},"SPSAV regime and FX treatment of virtual-asset payments announced",[133,143,144],{},[40,145,147],{"href":88,"rel":146},[90],"BCB, Resolution 521",[112,149,150,153,156,159],{},[133,151,152],{},"2 February 2026",[133,154,155],{},"Resolutions 519, 520, 521 take effect",[133,157,158],{},"Providers need authorization or a transitional filing",[133,160,161],{},[40,162,84],{"href":83},[112,164,165,168,171,174],{},[133,166,167],{},"19 September 2026",[133,169,170],{},"Coverage of Resolution 561",[133,172,173],{},"Describes the settlement-leg ban on eFX providers",[133,175,176],{},[40,177,180],{"href":178,"rel":179},"https:\u002F\u002Fcryptoslate.com\u002Fbrazil-blocks-stablecoins-from-key-cross-border-payment-rail-as-1-1-trillion-market-faces-new-limits\u002F",[90],"CryptoSlate",[112,182,183,186,189,192],{},[133,184,185],{},"30 September 2026",[133,187,188],{},"Resolution 591 replaces Resolution 588",[133,190,191],{},"COAF report for self-custody transfers of 10,000 USD or more",[133,193,194],{},[40,195,198],{"href":196,"rel":197},"https:\u002F\u002Fwww.bcb.gov.br\u002Festabilidadefinanceira\u002Fexibenormativo?tipo=Resolu%C3%A7%C3%A3o%20BCB&numero=591",[90],"BCB, Resolution 591",[112,200,201,204,207,210],{},[133,202,203],{},"1 October 2026",[133,205,206],{},"Resolution 561 and the COAF duty apply",[133,208,209],{},"eFX providers cannot settle with foreign counterparties in virtual assets",[133,211,212,213],{},"CryptoSlate; ",[40,214,216],{"href":215},"\u002Fresources\u002Fmore\u002Fbrazil-self-custody-wallet-declaration","self-custody explainer",[112,218,219,222,225,228],{},[133,220,221],{},"3 November 2026",[133,223,224],{},"Resolution 574 reporting starts",[133,226,227],{},"Monthly virtual-asset reports from FX-authorized institutions, due by the 5th",[133,229,230],{},[40,231,234],{"href":232,"rel":233},"https:\u002F\u002Flatamrails.beehiiv.com\u002Fp\u002Flatam-rails-2-in-brazil-a-stablecoin-trade-is-an-fx-trade",[90],"LatAm Rails",[112,236,237,240,243,246],{},[133,238,239],{},"1 January 2027",[133,241,242],{},"Resolution 584 hold",[133,244,245],{},"A 24-hour precautionary hold on some large outgoing transfers to self-custodied wallets",[133,247,248],{},[40,249,252],{"href":250,"rel":251},"https:\u002F\u002Fwww.bcb.gov.br\u002Festabilidadefinanceira\u002Fexibenormativo?tipo=Resolu%C3%A7%C3%A3o%20BCB&numero=584",[90],"BCB, Resolution 584",[33,254,255],{},"The SPSAV limit also matters: Notabene, cited by LatAm Rails on 3 November 2026, says SPSAVs without full foreign exchange authorization face a 100,000 USD per-transaction limit.",[71,257,20],{"id":258},"what-changed-on-1-october-2026",[33,260,261,262,266],{},"Resolution 561 targets the settlement leg between regulated foreign-exchange providers and their overseas counterparties. According to ",[40,263,265],{"href":178,"rel":264},[90],"CryptoSlate on 19 September 2026",", stablecoins and other virtual assets can no longer settle that leg, which must run through a licensed FX transaction or a qualifying non-resident real account. Aggregated eFX netting remains allowed, and individual international transfers using virtual assets remain permitted.",[33,268,269,270,274,275,278],{},"The same day, the COAF duty began. ",[40,271,273],{"href":196,"rel":272},[90],"Resolution BCB 591"," has authorized institutions report transfers of virtual assets worth 10,000 USD or more to or from a company-controlled wallet. Reports for transfers between 1 October and 31 December 2026 are due on the first business day of January 2027. Read ",[40,276,277],{"href":215},"Brazil's self-custody wallet rule"," for the mechanics.",[71,280,282],{"id":281},"what-does-monthly-reporting-from-3-november-2026-mean","What does monthly reporting from 3 November 2026 mean?",[33,284,285,286,289],{},"FX-authorized institutions must report virtual-asset operations every month, starting 3 November 2026 under Resolution 574. Reports are due by the 5th of the following month, so November's data is due on 5 December, according to ",[40,287,234],{"href":232,"rel":288},[90],".",[33,291,292],{},"The duty sits with the institution, not with you. For a payout team, it changes what you should expect to provide: clean sender, recipient and purpose data for each payment, in a format your provider can pass on.",[71,294,296],{"id":295},"how-do-the-rules-affect-a-stablecoin-payout-to-brazil","How do the rules affect a stablecoin payout to Brazil?",[33,298,299,300,304],{},"A payout is a foreign exchange operation, so it needs an authorized path, documentation and reporting. The flow itself, a quote, an execution and a Pix delivery, does not change, and our ",[40,301,303],{"href":302},"\u002Fresources\u002Fusdc-pix-quote-to-settlement","USDC to Pix guide"," walks through it.",[306,307,308,311,314,317,320],"ol",{},[55,309,310],{},"Your platform requests a payout quote against a Brazilian bank account, with the sender, recipient and purpose data attached.",[55,312,313],{},"Your provider runs KYC, KYB and sanctions screening before it converts.",[55,315,316],{},"The provider converts and delivers reais over Pix, PIX Safe or TED.",[55,318,319],{},"The provider reports what its authorization requires.",[55,321,322],{},"You keep records of the purpose and the quote for your own audit trail.",[33,324,325,326,330,331,335],{},"For BlindPay, KYC, KYB, sanctions screening and travel rule checks are part of the payout and payin API. See ",[40,327,329],{"href":328},"\u002Fresources\u002Fmore\u002Fhow-to-send-usdc-to-bank-account-brazil","how to send USDC to a bank account in Brazil"," and ",[40,332,334],{"href":333},"\u002Fresources\u002Fmore\u002Fusdc-to-brl-routes-2026","USDC to BRL routes in 2026"," for the routes.",[71,337,339],{"id":338},"what-questions-should-you-ask-your-provider","What questions should you ask your provider?",[33,341,342],{},"Use this checklist in diligence. A serious provider answers each one in writing.",[106,344,345,355],{},[109,346,347],{},[112,348,349,352],{},[115,350,351],{},"Area",[115,353,354],{},"Question",[128,356,357,365,373,381,389,397,405],{},[112,358,359,362],{},[133,360,361],{},"Authorization",[133,363,364],{},"Are you authorized as an SPSAV, or inside the Article 88 transitional regime? Which entity performs the Brazil leg?",[112,366,367,370],{},[133,368,369],{},"FX partner",[133,371,372],{},"Do you hold full FX authorization, or route through an authorized institution? Who is it?",[112,374,375,378],{},[133,376,377],{},"Limits",[133,379,380],{},"Does the 100,000 USD per-transaction limit apply to you? What happens with larger payments?",[112,382,383,386],{},[133,384,385],{},"Documentation",[133,387,388],{},"Which purpose documents do you need per payment, and when?",[112,390,391,394],{},[133,392,393],{},"Reporting",[133,395,396],{},"How do you meet the Resolution 574 monthly reports, and what data do you need from us?",[112,398,399,402],{},[133,400,401],{},"Self-custody",[133,403,404],{},"How do you handle the Resolution 591 COAF report if funds pass through a company-controlled wallet?",[112,406,407,410],{},[133,408,409],{},"Failures",[133,411,412],{},"If a payout fails after collection, where do the funds go and how fast?",[33,414,415],{},"On the last row, BlindPay's wording: BlindPay operates as a non-custodial payment processor for payout flows from customer-controlled wallets: you authorize the exact amount and BlindPay executes that single transaction. If a payout cannot be delivered after the stablecoins are collected, BlindPay refunds them to the quote's refund wallet, or to the sending wallet when none is set; on Pix and other non-USD local rails the refund is automatic, while USD payouts and payouts whose review times out are refunded after an operator review. Optional BlindPay-managed wallets (beta) are custodial when you choose that path.",[71,417,419],{"id":418},"what-should-you-not-assume","What should you not assume?",[33,421,422],{},"Do not assume a rule applies to you the way a headline describes it. Resolution 561 addresses eFX providers, not individual transfers. Resolution 574 addresses institutions, not end customers. The 100,000 USD limit comes from Notabene via a newsletter and should be confirmed with your provider and the Central Bank text. We could not verify the content of Resolution 574 on a Central Bank page, so this post relies on LatAm Rails for it.",[71,424,426],{"id":425},"how-should-payout-teams-prepare-for-the-next-90-days","How should payout teams prepare for the next 90 days?",[33,428,429],{},"Use the dates above as a calendar. Before 5 December 2026, ask your provider how it will meet the first Resolution 574 report and which transaction data it needs from you. Before 1 January 2027, check whether any of your flows touch a company-controlled or self-custodied wallet, because the COAF reports for October to December 2026 fall due on the first business day of January 2027 and Resolution 584 adds a 24-hour precautionary hold on some large outgoing transfers.",[33,431,432],{},"Keep three records per payment: the quote, the stated purpose with its supporting document, and the final status from the payout webhooks. Those records answer most questions from a provider's compliance team, and they cost little to keep from day one.",[71,434,436],{"id":435},"methodology-and-sources","Methodology and sources",[33,438,439,440,444,445,444,448,444,452,330,456,460,461,444,464,444,467,471,472,330,476,480],{},"External sources: ",[40,441,443],{"href":88,"rel":442},[90],"Banco Central do Brasil, Resolution BCB 521",", ",[40,446,273],{"href":196,"rel":447},[90],[40,449,451],{"href":250,"rel":450},[90],"Resolution BCB 584",[40,453,455],{"href":178,"rel":454},[90],"CryptoSlate, 19 September 2026",[40,457,459],{"href":232,"rel":458},[90],"LatAm Rails, 3 November 2026",". BlindPay explainers: ",[40,462,463],{"href":83},"PSAV in Brazil",[40,465,466],{"href":215},"self-custody wallet rule",[40,468,470],{"href":469},"\u002Fresources\u002Fmore\u002Fstablecoin-regulation-tracker-2026","stablecoin regulation tracker",". BlindPay docs: ",[40,473,475],{"href":474},"\u002Fdocs\u002Fpayouts","payouts",[40,477,479],{"href":478},"\u002Fdocs\u002Fpayout-quotes","payout quotes",". We refresh this page every 90 days.",[71,482,484],{"id":483},"what-to-do-next","What to do next",[33,486,487,488,491,492,496],{},"Send your provider the checklist above and compare written answers. Then talk to BlindPay about Brazil coverage, and request a live USDC to BRL quote at ",[40,489,490],{"href":490},"\u002Fusdc-to-brl",". ",[40,493,495],{"href":494},"\u002Fcontact","Contact BlindPay"," to start.",[33,498,499],{},[500,501,502],"em",{},"This article is general information, not legal advice.",{"title":504,"searchDepth":505,"depth":505,"links":506},"",2,[507,508,509,510,511,512,513,514,515,516],{"id":73,"depth":505,"text":74},{"id":100,"depth":505,"text":101},{"id":258,"depth":505,"text":20},{"id":281,"depth":505,"text":282},{"id":295,"depth":505,"text":296},{"id":338,"depth":505,"text":339},{"id":418,"depth":505,"text":419},{"id":425,"depth":505,"text":426},{"id":435,"depth":505,"text":436},{"id":483,"depth":505,"text":484},[518,523,528],{"path":519,"title":520,"description":521,"date":522},"\u002Fresources\u002Fmore\u002Fcompliance-agents-cross-border-stablecoin-payments","Compliance agents for cross-border stablecoin payments: a global regulatory guide","How compliance agents apply FinCEN, MiCA, FCA, MAS, and Banco Central do Brasil rules to cross-border stablecoin payments: jurisdiction table, the FATF Travel Rule, multi-list sanctions screening, the four components of a compliant program, and questions to ask a compliance provider.","2026-09-04",{"path":524,"title":525,"description":526,"date":527},"\u002Fresources\u002Fmore\u002Fdo-merchants-need-a-license-to-accept-stablecoins","Do merchants need a license to accept stablecoin payments? KYC, KYB, and compliance explained","Usually no: the license sits with the provider that moves the funds. What merchants still owe on KYB, sanctions, tax, and records in the US, EU, Brazil.","2026-09-09",{"path":529,"title":530,"description":531,"date":532},"\u002Fresources\u002Fmore\u002Fgenius-act-and-mica-for-payout-senders","GENIUS Act and MiCA for companies that send stablecoin payouts (2026)","What the GENIUS Act and MiCA change for a company that only sends stablecoin payouts: comparison table, dated timeline, checklist before 18 January 2027.","2026-10-30",1794399392532]