its benchmark interest rate to 97%, but tight monetary policy does not appear to be bold enough to curb price escalation.
Argentina’s 1-year inflation rate. Source: Trading Economics, Instituto Nacional de Estadística Y Censos “With the continuing devaluation of their nation’s currency, the people of Argentina need solutions to pursue their own financial freedom. If we are able to contribute to the well-being of an entire country through the state-of-the-art technologies provided by the blockchain, we will be one step closer to ending the fight against financial discrimination,” said Paolo Ardoino, chief technology officer of Tether.
In a recent interview with Cointelegraph, Daniel Fogg from IOV Labs, the foundation behind smart contract platform Rootstock, said thatin crypto adoption, as people look to cryptocurrencies as a safe haven against macroeconomic shocks. “For me, if you want to look at the future of what I hope crypto will become, it exists today in Turkey, Colombia, Nigeria, Argentina. It doesn’t exist today in the United States or the U.K.," he noted.
Malaysia Malaysia Latest News, Malaysia Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
XRP Defies Market Sentiment With 3% Increase, BTC Drops Below $27K (Market Watch)XRP is the only larger-cap alt in the green today.
Read more »
Crypto Market Recovery Unlikely Until Stablecoin Universe Stops Shrinking: JPMorgan.jpmorgan says it's hard to see a sustained recovery in crypto prices without the shrinkage of the stablecoin universe stopping. willcanny99 reports.
Read more »