Tether Dominates Brazil's Cryptocurrency Landscape, Holding 80% of Transactions

The cryptocurrency landscape in Brazil has recently undergone a significant transformation, with Tether (USDT) emerging as the dominant player. According to recent figures released by Brazils revenue service, USDT now fuels a substantial 80% of cryptocurrency transactions in Brazil. In Brazil, Tether transactions have totaled approximately $55 billion up to mid-October, surpassing Bitcoin, which accounted for roughly $30 billion. What sets Tether apart from other cryptocurrencies is its status as a stablecoin. Its value is intentionally maintained at a fixed rate, often mirroring...

source: https://tokenpost.com/Tether-Takes-the-Lead-in-Brazils-Cryptocurrency-Scene-as-Authorities-Tighten-Oversight-10901

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.

Published by: Book Club