Bolivia is exploring the integration of USDT, a dollar-pegged stablecoin, into its national payment system to address a shortage of physical U.S. dollars. This move, still in the preliminary stage, could ease dollar-denominated transactions and cross-border payments without requiring physical currency. The proposal involves regulatory and operational challenges, including consumer protection and liquidity for conversion between bolivianos and USDT. If implemented, Bolivia could set a precedent for stablecoin adoption in Latin America, but no official timeline or decision has been made yet.
Saber Money has received undisclosed investments from Tether and CMCC Global’s Titan Fund to support its expansion in Asia-Pacific and Gulf regions. The funds will help Saber obtain local licenses and banking partnerships to improve international bus...
Hyundai Card successfully reduced the time for a $20,000 USDT transfer between its US and Mexican subsidiaries from three to four hours to about seven minutes using Axiym Finance's infrastructure on the Avalanche blockchain. This pilot, conducted in ...
Tether Capital has made a strategic investment in AIsa, a platform that enables AI agents to seamlessly access and pay for data, software, and computing services. This addresses a key challenge as AI agents evolve to manage workflows but struggle wit...
Stablecoins such as Tether solve the volatility problem of cryptocurrencies like Bitcoin, making everyday crypto spending practical. By pegging their value to the US dollar and backing it with reserves, stablecoins maintain a steady value that allows...
Tether Capital has invested in AIsa, a platform that allows over 250,000 AI agents to autonomously pay for APIs, models, and data using stablecoins or fiat currency. AIsa charges per API call, supporting small, frequent payments that traditional paym...
