Global Trends

The crypto market is booming in Latin America

In Bolivia, due to the monetary bubble situation, many small businesses have switched to accepting payments in Bitcoin and stablecoins like USDT. Binance is the popular platform for P2P trading and low costs here.

**Venezuela continues to see crypto as a 'financial lifeline'**

Due to inflation and tightening foreign exchange, businesses and educational institutions in this country are increasingly using USDT for domestic transactions and salary payments, with crypto demand increasing by 110% in the past year.