Tether's Role in Venezuela, Iran Shows Stablecoin Duality
A recent report highlights the dual nature of stablecoins, specifically Tether, in countries facing economic challenges. According to the report, stablecoins are being utilized as a lifeline for citizens in countries like Venezuela and Iran. However, the report also suggests that sanctioned entities in these regions are using stablecoins as a tool. The report focuses on the implications of stablecoins in areas dealing with economic crises.
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