Strike arrives in Argentina with USDT support, no Bitcoin integration yet-yet
Strike arrives in Argentina with USDT support, no Bitcoin integration yet-yet
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Strike, a Bitcoin-based wallet and Exchange service, has ended up in Argentina and Usdt Integration for User in the country. Jack Mallers, CEO von Strike, explained that his goal of bringing the app into the country is to offer Argentine a platform to keep a stable present value. This value is in the form of. kept usdt , without option to save bitcoin, at least when starting.
strike brings the Argentinier stable coin integration
strike, a popular Bitcoin-based wallet, was introduced in Argentina and offers Argentinians a new way to save their savings via stable coins. The announcement of this development was made by Strike CEO Jack Mallers, who explained that due to the financial needs of the country's financial needs, a migration to foreign currencies such as the dollar.
Mallers explained:
There is now an unprecedented demand for an open currency system that lives in a distributed network, has a well -known monetary policy, has a fixed offer and is resistant to censorship.
mallers further that Strike offers in its Argentinian rate "a stable cash credit, which is immediately and without fees output can ".
provided by usdt
While Strike is known for its Bitcoin and Lightning network functions, it started in Argentina with usdt This was considered strange by some Local media Bitcoin ecosystem was and has already implemented these services at other locations, including El Salvador .
The current version of the application for Argentina uses usdt , the popular stable coin from Tether, to save the value for users. usdt has a market capitalization of more than $ 78 billion and is the most valuable StableCoin project in the entire cryptocurrency market. The usd The version used by Strike is an ERC20-token that uses the Ethereum blockchain.
Since Strike is a depot wallet, users do not have to deal with the high fees that are currently plagued by some Ethereum users because transactions with strike are free. In its terms of use, the Wallet explains that Bittrex is used for the custody of assets and that the company is not responsible for the custody of cryptocurrency in its wallet.
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