The USDT replaces the Bolívar of Venezuela while inflation strikes 229%

Stablecoins and the USDT have become de facto currency for millions of people sailing in a ruined financial system in Venezuela while the country’s annual inflation rate increases to 229%. Once limited to Crypto-Avertis users, the USDT de Tether (USDT), often locally called “binance dollars”, is now widely used through Venezuela for everything, grocery stores … Read more

Tether’s abandonment plan to freeze USDT on five channels

Stablecoin Tether’s transmitter abandoned his freezing free contracts on five channels, claiming that tokens will remain transferable but will no longer be issued or exchanged. The revised plan has an impact on users on Omni Layer, Bitcoin Cash SLP, Kusama, EOS and Algorand, said on Friday after receiving the members of these ecosystems. “Following the … Read more