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Several Venezuelan banks are in talks to expand their partnerships with the fintech company Kontigo, which facilitates payments with stablecoins such as USDT and USDC. 🔑 News Context Kontigo, a Venezuelan fintech company, is looking to integrate its services with more banks in the country. The application already allows payments with stablecoins (USDT and USDC) at merchants and financial services. Co-founder Camilo Sánchez confirmed that they are in negotiations with banking institutions to expand coverage. 📌 Current Partnerships Banco Nacional de Crédito (BNC), Banco Plaza, and Bancamiga already work with Kontigo to facilitate the exchange of dollars to USDC. In addition, Kontigo partnered with Disglobal to enable USDT payments at more than 40,000 businesses in Venezuela. Companies like Soytechno Venezuela also accept USDT payments via Kontigo QR codes at their 22 stores. ⚠️ Risks and Challenges Regulation: The use of stablecoins still depends on the stance of the Central Bank of Venezuela and potential regulatory changes. Crypto market volatility: Although USDT and USDC are stable, their stability depends on trust in issuers and liquidity. Mass adoption: The challenge will be gaining more trust in this system among businesses and users compared to traditional methods. 🎯 Implications For banks: an opportunity to modernize services and attract crypto-using customers. For users: more payment and savings options in a high-inflation environment. For Kontigo: to consolidate its position as a bridge between the traditional financial system and the crypto ecosystem in Venezuela.
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¡ALERTA DE BALLENA! 🐳 Una ballena de #Solana acaba de comprar 134.680 $SOL por valor de 17,8 millones de dólares hoy. Esta ballena comenzó a comprar hace exactamente 1 mes y ahora tiene 324.568 SOL, $44 millones de dólares
$OM $9 ---- $0.11 😱🔥 From sky high to rock bottom… but the chart looks ready to bounce back! 🚀 Can $OM reclaim $1 again?? 👀💪 Fam, what’s your next target for $OM ?? 💭👇