As inflation hits 229%, stablecoins like USDt are overtaking Venezuela’s bolívar for everyday payments, from groceries to salaries. Stablecoins like USDt have become the de facto currency for millions of people navigating a crumbling financial system in Venezuela as the country’s annual inflation rate surges to 229%. Once limited to crypto-savvy users, Tether’s USDt , often…
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“The inflation rate is probably 10% or 15% for the next decade, an investment return that is very hard to get with stocks or housing rentals,” Adam Back said at Paris Blockchain Week 2025. Bitcoin could begin to take market share from gold over the next decade as a hedge against inflation and geopolitical uncertainty,…
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10x Research’s Markus Thielen sees a “real possibility” of a lower CPI print in the US on Feb. 12, which could defy consensus expectations and trigger a Bitcoin rally. Crypto market participants are expecting no change in the upcoming US Consumer Price Index, but a lower print is possible and could trigger an uptick in…
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Bitcoin price sold off, and the wider crypto market corrected following the Federal Reserve’s hawkish 2025 outlook on inflation. Bitcoin and the wider crypto market sold off as the Fed announced a 25 basis point rate cut to its benchmark policy rate and signaled that fewer rate cuts than initially planned could take place in…
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Argentines are using secret peer-to-peer crypto exchanges to buy U.S. dollar stablecoins as inflation continues to soar. Argentines are using black market exchanges, known locally as “crypto caves,” to buy U.S. dollar stablecoins in a bid to escape strict currency controls and triple-digit inflation of the Argentine peso (ARS), and are reportedly shunning Bitcoin due…
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Central issues: The Federal Reserve is still liable to raise rates by 0.25% again toward the finish of July subsequent to skirting last month’s rate climb multiple times over the course of the last year. Some Took care of policymakers and business analysts stress that the drop in expansion will be transitory. The fixing work…
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