Venezuela bans crypto mining amid power surge; Tether sues for $300M in Brazil; stablecoins dominate Peru's crypto market.

Venezuela has upheld its ban on crypto mining due to a peak power demand of 15,579 MW, the highest in nine years, and plans to sanction illegal miners. In Brazil, Tether filed a lawsuit against Titan Holding to recover a $300 million loan default, seeking asset freezes amid a financial scandal involving the Master conglomerate. Meanwhile, in Peru, stablecoins now account for 90% of the $28 billion crypto market, driven by their use in remittances and cross-border payments, reducing costs and intermediaries.