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Tether solves border issues: New stablecoins connect the United States and Mexico through peso pegs

Source: CoinWorld
Tether Limited has launched a new dollar-denominated stablecoin USA₮, which is pegged to the Mexican peso, aims to promote efficient and secure cross-border transactions between the United States and Mexico. USA₮ Fully supported by reserves and maintains a 1:1 dollar peg, promising near-real-time, low-cost remittances and trade payments. With increasingly stringent regulatory scrutiny, Tether stressed its compliance, while analysts believe emerging market regional stablecoins have growth potential.
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