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By Federico Maccioni DUBAI (Reuters) - Stablecoin Tether's recent growth is being driven by its use as an alternative to the U.S. dollar in emerging markets, rather than by demand for cryptocurrency trading, Tether CEO Paolo Ardoino told Reuters on...
By Federico Maccioni DUBAI (Reuters) - Stablecoin Tether's recent growth is being driven by its use as an alternative to the U.S. dollar in emerging markets, rather than by demand for cryptocurrency trading, Tether CEO Paolo Ardoino told Reuters on...
Deep Dive A crypto company working with the feds after an investigation revealed that millions of dollars worth of its coins were being used for human trafficking. In a press release, the people behind the stablecoin Tether, whose value is pegged to the US dollar, explained that the company was forced to freeze $225 million […]
In an unexpected turn of events, Brazil has become the epicenter of a groundbreaking shift in the world of cryptocurrency. Recent data from Brazil's Brazil experiences a remarkable shift in its cryptocurrency landscape as the use of Stablecoin Tether (USDT) surpasses Bitcoin, accounting for 80% of all crypto transactions. Explore the reasons behind this transformative trend.
Tether (USDT) accounts for 80% of all cryptocurrency transactions in Brazil so far in 2023, according to the country's revenue agency.