The Tether team announced that it is developing an integration plan with the SmartPay contactless payment system. As such, USDT will be added to ATMs throughout Brazil. The platform works in conjunction with ATM provider TecBan.
SmartPay allows companies to conduct targeted marketing activities and minimize costs.
Earlier, analysts of Instituto Locomotiva conducted a survey, where more than 30 million people do not have a bank account. Thus, the launch of work with tokens will provide more opportunities for working with digital currencies. Users could send USDT from all wallets, including exchanges, to an ATM.
Today, the Tether cryptocurrency is in the top of the most popular in Brazil. Investors have made about 79,000 transactions and transferred more than $1.4 billion. The average transaction reached $18,000.
With the SmartPay app, you can make USDT transfers anywhere in the world and withdraw in Brazilian Real. USDT will be added to ATMs, beginning from November 3rd.
It will bring great changes to the payments industry and the entire Brazilian financial ecosystem, as experts claim.
You can read more about stablecoins here. Also, recently, news appeared that USDC capitalization fell by 12%.
