DeFi· ★★★· neutral·

USDT use displaces self-custody in Latin America as dollar demand grows

  • —40% of crypto purchases in the region are stablecoins bought on platforms
  • —USDT is displacing self-custody among Latin American users
  • —Dollar demand is being met through stablecoins rather than self-banking
Why it matters: Rising USDT platform usage deepens the region's reliance on centralized issuers and exchanges, eroding the role of self-custody.
Source: CriptoNoticias