USDT Hits Near 100% Market Share in Key Latam Markets, New Oobit Report Reveals

A recent report by Oobit disclosed that in almost all Latam markets, most stablecoin transactions were completed using USDT, which acts as the de facto dollar proxy in the region. In addition, the company highlighted that the regions use of stablecoins was akin to cash. Oobit Highlights Tethers Domain Of Latams Stablecoin Markets USDT, in []