Tether backs Bolivian fintech Peso for stablecoin payments in Latin America; Utexo sets Bitcoin USDT bridge launch for November 28
2 independentfirst seen published latency 3 min
Tether has invested in Peso, a Bolivian fintech connecting USDT payments to merchant services and local banking networks across four Latin American markets. Separately, Tether-backed Utexo will launch a bridged USDT token on Bitcoin on November 28, with backing held in USDT0 locked on Arbitrum and professional operators already testing the RGB-based implementation on Bitcoin Signet.
Sources: Cointelegraph, The Defiant
This article is for information only and is not financial advice.
What the market did
Price reaction-4.10%BTC
Independent outlets2
Reports per hour0.05
Noveltyfollow-up2 outlet(s), 1302 min spread
Before the headlinenothing above $100,000,000 in the 60 minutes beforea random hour: 13.1%
Each figure is this site’s own reading, with what it was measured against. A blank is a reading nobody took, not a zero. The before-the-headline window prints the rate a RANDOM hour clears the same bar, because a hit rate without its null is not a finding.
Tags: Tether, USDT, Bitcoin, Arbitrum, LatinAmerica