Argentinians Achieve Inflation Hedge as Ripio Introduces U.S. Greenback-Pegged Stablecoin UXD

by Jeremy

Ripio customers in Argentina, the place annual inflation is operating at 115%, are already in a position to buy the UXD stablecoin, additionally referred to as Criptodólar, the corporate mentioned Thursday. The stablecoin, which can also be obtainable in Brazil, is hosted on LaChain, a Latin America-focused layer 1 blockchain launched in June by Ripio in collaboration with SenseiNode, Num Finance, Cedalio and Buenbit, amongst others.

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