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USD-pegged stablecoins are taking a growing share of Latin America's crypto activity, serving as a store of value and an efficient cross-border payment system (Maria Clara Cobo/Bloomberg)

Stablecoins are proving useful not only as a store of value but as a payment system — including for users who don't know anything about the blockchain.

We haven't written up this one. Techmeme has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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