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71% of Latam Institutions Are Now Using Stablecoins for Cross-Border Payments, Report Finds

Published Source: Bitcoin.com NewsRead original

Crypto Insight Summary: According to The Digital Chamber, this high level of adoption will be further driven by incoming regulations that integrate crypto into traditional financial solutions. Nonetheless, even with current regulations, Latam ranks first in the global regional stablecoin adoption rate. Latam Institutions Lead in Crypto Adoption Globally While stablecoins are now being adopted widely around the […] Crypto Insight Analysis: Direction: Bullish USDC / Bullish USDT Impact: Minor Impact Horizon: Mid-term (1-8 weeks) Reasoning: Growing institutional adoption of stablecoins in Latam boosts demand and liquidity.

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71% of Latam Institutions Are Now Using Stablecoins for Cross-Border Payments, Report Finds — Crypto Insight