Latam Insights: Salvadoran Bitcoin Visa Program Fails; Brazil Floats Tax on Stablecoin Remittances - usdt

Latam Insights: Salvadoran Bitcoin Visa Program Fails; Brazil Floats Tax on Stablecoin Remittances

Welcome to Latam Insights, a compendium of Latin America’s most relevant crypto and economic news from the past week. In this issue, a public records inquiry reveals contradictions in the reported results for ‘Adopting El Salvador,’ Brazil mulls taxi

Sergio Goschenko
TON Network and Tether Drive Rapid Growth of USDT - usdt, tether, growth, ton

TON Network and Tether Drive Rapid Growth of USDT

TON Network benefits from Tether's support, leading to significant USDT growth. The DeFi ecosystem's expansion plays a crucial role in increasing liquidity. Continue Reading:TON Network and Tether Drive Rapid Growth of USDT The post TON Network and T

İlayda Peker
Stablecoin Issuer Tether’s USDT Potentially Seeing Rise in Adoption in Sanctioned Countries: Report - stablecoin, usdt, tether

Stablecoin Issuer Tether’s USDT Potentially Seeing Rise in Adoption in Sanctioned Countries: Report

The world’s largest stablecoin by market cap is reportedly potentially seeing a rise in adoption amongst sanctioned nations. Citing data from market intelligence platform Chainalysis, Bloomberg reports that stablecoin issuer Tether’s USDT is seeing i

Mehron Rokhy
How massive USDT mints on Tron, Ethereum impacts market dynamics - usdt, tether

How massive USDT mints on Tron, Ethereum impacts market dynamics

Tether’s latest USDT minting spree is reshaping crypto dynamics, boosting liquidity and market confidence.

Erastus Chami
Toncoin Melts Down Despite TON Network’s USDT Milestone - ton, tether, usdt

Toncoin Melts Down Despite TON Network’s USDT Milestone

The TON Network is evolving at a very fast pace, with enablement from Tether (USDT). The duo inked their partnership in April this year, charting a positive bullish growth curve from that time to date. According to data from CryptoQuant, the USDT on

Godfrey Benjamin
Stablecoin Market Grew by $555 Million in October – Which Tokens Are Leading the Pack? - pack, stablecoin, usdt

Stablecoin Market Grew by $555 Million in October – Which Tokens Are Leading the Pack?

According to the latest data, the stablecoin economy now holds a value of $172.892 billion, with October adding $555 million to the fiat-pegged token market. Stablecoin Market Continues to Climb Last month saw stablecoins grow modestly, with the mark

Jamie Redman
$USDT Lands on Aptos, Expanding DeFi Access to 30 Million Users - aptos, defi, usdt

$USDT Lands on Aptos, Expanding DeFi Access to 30 Million Users

$USDT launches on Aptos, enhancing global DeFi access through SK Telecom’s 30M users and marking a Move-powered blockchain milestone.

Shahzaib Ahmed
Tether Expands USDT Activity on the TON Network in Dubai - ton, usdt, tether

Tether Expands USDT Activity on the TON Network in Dubai

Tether confirms USDT's operation on the TON Network during the Dubai event. The UAE offers a favorable environment for Tether's growth in Web3. Continue Reading:Tether Expands USDT Activity on the TON Network in Dubai The post Tether Expands USDT Act

Fatih Uçar
Ethereum Claims Address Dominance With 43% Lead—Will It Keep Rising? - doge, bitcoin, toncoin, usdt, tron, tether, second, eth, ton, trx, defi, ethereum

Ethereum Claims Address Dominance With 43% Lead—Will It Keep Rising?

Ethereum missed out on this week’s crazy price movements. For the last couple of days, Bitcoin has dominated the bigger crypto market, making gigantic strides almost crossing the $73,500 mark for its best in recent months. Other altcoins have also fo

Christian Encila
USDT market cap crosses $120 billion as stablecoins continue their uptrend - usdt, cap

USDT market cap crosses $120 billion as stablecoins continue their uptrend

The stablecoin market capitalization continued its uptrend in October, characterized by USDT reaching a $120 billion market cap, according to a CCData report on Thursday.

Wall Street Advisory Panel Endorses Treasury Tokenization But Calls for Centralized Oversight - street, usdt, tether

Wall Street Advisory Panel Endorses Treasury Tokenization But Calls for Centralized Oversight

TLDR: Wall Street advisers see major potential in tokenization of U.S. Treasury debt Committee suggests centralized control may be necessary for tokenized assets Warning issued about Tether (USDT) as potential financial risk Report recommends CBDCs s

Oliver Dale
BingX Launches Multi-Assets Mode for Perpetual Futures Trading - 2024, bitcoin, mode, usdc, tether, eth, usdt, multi

BingX Launches Multi-Assets Mode for Perpetual Futures Trading

BingX, a global leading cryptocurrency exchange platform, is proud to announce the launch of its innovative Multi-Assets Mode for Perpetual trading. This new feature will allow users to leverage multiple cryptocurrencies such as Bitcoin (BTC), Ethere

Advertorial
Stablecoins Signal Strong Bitcoin Demand: Could BTC Renew Its ATH Soon? - stablecoin, chart, usdt, horizon, busd, three, usdc, one, data, bitcoin

Stablecoins Signal Strong Bitcoin Demand: Could BTC Renew Its ATH Soon?

The recent activity in Bitcoin price and demand metrics suggests a potential resurgence in market interest, which could lead to a renewed all-time high. So far, Bitcoin has recently achieved a significant price rebound, reclaiming a trading level abo

Samuel Edyme
Tether CEO Breaks Down Reserves Backing USDT Stablecoin - usdt

Tether CEO Breaks Down Reserves Backing USDT Stablecoin

Ardoino detailed USDT’s reserve breakdown, countering claims about insufficient asset backing and alleged connections to sanctioned entities.

Wayne Jones
Tether CEO slams federal probe claims: ‘No knowledge of any such investigations’ - usdt, tether, usdc

Tether CEO slams federal probe claims: ‘No knowledge of any such investigations’

Tether's USDT recorded $6.47 billion in transaction volume, significantly outpacing USDC's $2.08 billion.

Ishika Kumari
IOTA EVM Total Value Locked (TVL) Hits $20 Million in Fresh Milestone - usdt, defi, iota, value, smr

IOTA EVM Total Value Locked (TVL) Hits $20 Million in Fresh Milestone

The Tangle Treasury Grant Committee announced plans to reinvest IOTA, SMR, and USDT assets into the IOTA EVM DeFi ecosystem. IOTA’s parallel transaction processing and recent EVM compatibility with Solidity smart contracts are driving factors in its

Bhushan Akolkar
Bolivian bank Banco Bisa launches USDT custody service - tether, usdt

Bolivian bank Banco Bisa launches USDT custody service

Major Bolivian bank, Banco Bisa, has launched a a custody service for Tether’s USDT stablecoin, allowing clients to buy and sell crypto. According to a report by local media El Deber, Banco Bisa officially launched a custody service for virtual…

Trisha Husada
Bolivia Ramps up Stablecoin Adoption as Bank Debuts USDT Services - bank, usdt

Bolivia Ramps up Stablecoin Adoption as Bank Debuts USDT Services

Stablecoin demand and adoption are poised to increase in Bolivia, as a bank has presented a USDT service suite for the first time. Bisa Bank, a private institution, now allows customers to purchase, sell, and keep USDT funds in the bank, leveraging i

Sergio Goschenko
Tether Boosts Reserves With Over 82,000 BTC for USDT Stability - bitcoin, usdt, ai, tether

Tether Boosts Reserves With Over 82,000 BTC for USDT Stability

Tether CEO Paolo Ardoino recently disclosed that the company holds a significant amount of Bitcoin and gold as reserve assets for its USDT stablecoin. This revelation comes as Tether is also advancing work on an AI software development kit (SDK). Tet

Oluwapelumi Adejumo
Tether CEO breaks down reserves backing USDT stablecoin - usdt, tether

Tether CEO breaks down reserves backing USDT stablecoin

The Wall Street Journal cited unnamed individuals as the source of the claims that the United States government is investigating Tether.

Cointelegraph by Vince Quill