Amid the U.S. military intervention in Venezuela, locals rushed to secure their savings by converting their bolívares to dollar-pegged digital tokens called USDT. The timing of the attack may have be… [+3920 chars]
Venezuela shows how locals turn to Tether-issued USDT stablecoin as governments wobble - CNBC
Locals in Venezuela, as well as others living under unstable regimes, are turning to USDT as protection from political and economic uncertainties.
By:Liz Napolitano
Source:CNBC
Published:
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