Argentinians can now purchase dairy produce with the USDT stablecoin at the Central Market of Buenos Aires — one of the largest movers of fruits and vegetables in Latin America. The move was enabled by a partnership between the stablecoin issuer Tether and on-/off-ramp platform KriptonMarket.
The collaboration will provide companies the ability to accept and pay bills with USDT (USDT), as well as pay a percentage of employee salaries with the stablecoin. The Central Market supplies over 12 million people per month and is home to over 500 wholesale companies, according to the city of Buenos Aires. It also employs over 2,000 people.
Argentina’s 1-year inflation rate. Source: Trading Economics, Instituto Nacional de Estadística Y Censos
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