Tether-backed Oobit brings USDT to nearly 170 million users of Brazil’s PIX payment network
AI Summary
Tether-backed Oobit has integrated USDT into Brazil's PIX payment network, bringing the digital token to nearly 170 million users. PIX, launched by Banco Central do Brasil in 2020, is renowned for its swift adoption and popularity. This integration could further boost the usage of cryptocurrencies within Brazil, potentially influencing the country's financial landscape and setting a precedent for other nations adopting digital currencies.
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