💥 Chile exports capital to USDT: the dollar outflow Wall Street is watching
An on-chain study by CoinMetrics shows that in the last 30 days, Chileans sent ≈ 1.2 billion USD to USDT wallets, surpassing BTC and ETH. This flow equals 8% of the country’s total monthly remittances and is concentrated on exchanges headquartered in the US, right when the Fed is maintaining its restrictive policy. The logic is clear: protect value against the peso and inflation, but at the same time feed demand for dollars in the US market. If the trend continues, we’ll likely see more upward pressure on the exchange rate and less local liquidity. Will you keep using stablecoins to store your money, or do you prefer traditional banking?
#CryptoChile #FlujosUS #Stablecoins #Remesas
Not financial advice. Verify before investing.
An on-chain study by CoinMetrics shows that in the last 30 days, Chileans sent ≈ 1.2 billion USD to USDT wallets, surpassing BTC and ETH. This flow equals 8% of the country’s total monthly remittances and is concentrated on exchanges headquartered in the US, right when the Fed is maintaining its restrictive policy. The logic is clear: protect value against the peso and inflation, but at the same time feed demand for dollars in the US market. If the trend continues, we’ll likely see more upward pressure on the exchange rate and less local liquidity. Will you keep using stablecoins to store your money, or do you prefer traditional banking?
#CryptoChile #FlujosUS #Stablecoins #Remesas
Not financial advice. Verify before investing.
