⚠️ Stablecoins lose ground in Chile: Is the end of the hype?
BTC rises to US$79,360 (+2.3%) while the Fear & Greed index hits 74, a sign of euphoria. But the vice president of the Central Bank of Chile has just said that without exchange controls, stablecoins are losing their advantage. In other words, the hype around USDT and its peers is deflating in our market, where the lack of clear regulation and pressure from the SII are making retailers look for shelter in Bitcoin. This isn’t a theory—it’s already a reality you can feel in the volumes of local exchanges. Are you going to keep clinging to USDT, or are you getting on the Bitcoin train now? #Bitcoin #Crypto #BinanceSquare #CryptoChile
BTC rises to US$79,360 (+2.3%) while the Fear & Greed index hits 74, a sign of euphoria. But the vice president of the Central Bank of Chile has just said that without exchange controls, stablecoins are losing their advantage. In other words, the hype around USDT and its peers is deflating in our market, where the lack of clear regulation and pressure from the SII are making retailers look for shelter in Bitcoin. This isn’t a theory—it’s already a reality you can feel in the volumes of local exchanges. Are you going to keep clinging to USDT, or are you getting on the Bitcoin train now? #Bitcoin #Crypto #BinanceSquare #CryptoChile
