With a market capitalization of over 68 billion USD, it is the largest in the cryptocurrency market. stablecoin the one which… Tethercontinues to consolidate its position in the market and maintain its leadership.
Tether in a statement today, TetherUSD (USDT) It announced that it will be used in a total of 24,000 ATMs in Brazil.
Tether USD₮ will be available in over 24 000 ATMs across🇧🇷 Brazil on Nov 3 https://t.co/40QPFj1l80 pic.twitter.com/sh18ogxI51
— Tether (@Tether_to) October 20, 2022
Indicating that there are still 34 million adults who cannot have a bank account in Brazil, Tether said that it cooperated with Smartpay to provide access to these people.
SmartPay is an application that provides easy-to-use payment solutions.
Tether about it “The integration of USD₮ into Smartpay’s products will give millions of people the opportunity and access to the digital currency ecosystem and the new financial revolution. “ said.
SmartPay said it plans to make Tether available at ATMs for the Brazilian public from November 3.
Tether CTO Paolo Ardoino In his statement he said:
“The challenges and limitations imposed by inflation and a non-inclusive financial system have prevented most Brazilian citizens from participating in the country’s growing economy.
Brazil offers the opportunity to include more people in the financial system. This will bring big changes not only in the payments sector, but in the entire Brazilian financial ecosystem.”
USDT’It was also stated that coin is currently one of the most used cryptocurrencies in the region.
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