Browsing Tag

new markets

Tether launched a new stablecoin pegged to the Mexican peso

Tether launched its fourth stablecoin called MXNT, linked to Mexico's legal tender, the peso, with the purpose of providing users with a "reserve of value" for new markets in Mexico. Through a press release, the firm explained that among the reasons that motivated the creation of the new stablecoin…

IMF expects banks to adopt cryptocurrencies in a five-year period

The representative of the IMF considers that the interest of banking institutions in adopting cryptocurrencies and associated technologies is to reach new markets. From the financial institution estimate that this change will occur in an…