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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
RELATED
StablecoinsCross-Border PaymentsLatin AmericaEnterprise Adoption
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