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Tether Backs Peso to Accelerate Stablecoin Merchant Point-of-Sale Infrastructure

Tether Backs Peso to Accelerate Stablecoin Merchant Point-of-Sale Infrastructure

Photo: Crypto Economy

TL;DR Tether led a funding round for Peso, a Bolivian fintech developing USDT-based financial services and payment solutions across Latin America. The investment will support the expansion of merchant payment infrastructure, virtual accounts, and conversions between stablecoins and local currencies. Peso operates in Bolivia, Brazil, Colombia, and Argentina, and already allows users in Bolivia to ... Read more

Source: Crypto Economy

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