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Bitso Business Reports Stablecoin Payment Volume Above $150 Billion Annualized

(4 hours ago) · 1 source · Summarized by CryptoBipto

Bitso Business, the enterprise arm of Latin American crypto exchange Bitso, says its stablecoin payment volume now exceeds $150 billion on an annualized basis. The figure reflects the growing use of stablecoins for cross-border and business payments in the region.

WHY IT MATTERS

Stablecoins are cryptocurrencies designed to hold a steady value, usually pegged one-to-one to a traditional currency like the U.S. dollar.

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SOURCES

  • newsbtc.com

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StablecoinsCross-Border PaymentsLatin AmericaEnterprise Adoption