🚨 Cornell University Study: Bitcoin Adoption Driven by Failing Banks
A massive survey of 25,880 people across 25 countries by Cornell University reveals that Bitcoin is primarily used as a practical tool to bypass unstable banking systems and inflation.
The Bitcoin Adoption Index identifies El Salvador, Venezuela, and Nigeria as the global leaders in ownership. In these regions, the asset serves as a practical workaround for daily finance rather than a speculative bet.
Despite high usage, a significant knowledge gap exists. The report found that 58% of respondents were unaware that the total Bitcoin supply is capped at 21 million coins, showing that utility often precedes technical understanding.
#Bitcoin #Adoption #Cornell #CryptoNews
A massive survey of 25,880 people across 25 countries by Cornell University reveals that Bitcoin is primarily used as a practical tool to bypass unstable banking systems and inflation.
The Bitcoin Adoption Index identifies El Salvador, Venezuela, and Nigeria as the global leaders in ownership. In these regions, the asset serves as a practical workaround for daily finance rather than a speculative bet.
Despite high usage, a significant knowledge gap exists. The report found that 58% of respondents were unaware that the total Bitcoin supply is capped at 21 million coins, showing that utility often precedes technical understanding.
#Bitcoin #Adoption #Cornell #CryptoNews
💰 Tether leads investment in Bolivian fintech Peso
Tether has led a pre-seed funding round for Peso, a Bolivian fintech integrating USDT into daily payments. The investment aims to expand stablecoin infrastructure across Bolivia, Brazil, Colombia, and Argentina.
Peso already allows customers to pay for Yango food delivery orders using USDT. The platform connects the stablecoin to local banking systems via QR payments, point-of-sale services, and ACH transfers.
This move follows Bolivia's shift toward digital assets amid a severe US dollar shortage and high inflation. The government is currently developing a regulatory framework to recognize USDT for payments, savings, and trade.
#Tether #USDT #Bolivia #Adoption
Tether has led a pre-seed funding round for Peso, a Bolivian fintech integrating USDT into daily payments. The investment aims to expand stablecoin infrastructure across Bolivia, Brazil, Colombia, and Argentina.
Peso already allows customers to pay for Yango food delivery orders using USDT. The platform connects the stablecoin to local banking systems via QR payments, point-of-sale services, and ACH transfers.
This move follows Bolivia's shift toward digital assets amid a severe US dollar shortage and high inflation. The government is currently developing a regulatory framework to recognize USDT for payments, savings, and trade.
#Tether #USDT #Bolivia #Adoption