Peru's Linka taps USDT to finance importers and exporters
- —Linka uses USDT to pay foreign suppliers and advance funds to companies across Latin America
- —The stablecoin serves as a settlement rail rather than an investment product for clients
- —The model targets SMEs that banks rarely serve with dollar credit lines
- —Key risks are reliance on Tether as issuer and the lack of clear stablecoin rules in the region
Why it matters: Pushing USDT into trade finance moves stablecoins beyond remittances and savings, boosting volumes and putting them in direct competition with banks.
Source: CriptoTendencias