Regulators in Brazil Keep Watch on USDT as Trade Volume Soars

In a recent report, regulators in Brazil have noted the rapid rise in USDT’s trading volume in the country. According to Brazil’s Federal Reserve, monthly surveys conducted since 2019 indicate significant growth in the use of USDT and other stablecoins. According to the report, USDT, issued by Tether, has grown immensely in recent years. As...