USDT stablecoin to be rolled out in 24,000 ATMs across Brazil
Join Our Telegram channel to stay up to date on breaking news coverage Tether has revealed its plans to have the USDT stablecoin available in more than 24,000 ATMs across Brazil. USDT is the largest stablecoin globally by market cap. USDT to launch in 24,000 ATMs in Brazil The CTO of Tether, Paolo Ardoino, commented on this development saying that the limitations and difficulties caused by inflation and the lack of inclusivity in the financial system have made many Brazilians unable to be part of the buzzing economy. “Adding Tether tokens to ATMs across Brazil provides the opportunity to include more people in the financial system,” Ardoino said. Users of ATM devices across Brazil will manage to convert Brazilian reals into USDT or convert the stablecoin into fiat while supporting USDT payments globally. Ardoino said the move would attract major changes within the payments sector and the global Brazilian financial ecosystem. The initiative is part of the plan by Tether to e