Tether, the issuer of the world's largest stablecoin, has partnered with KriptonMarket to enable USDT transactions in the Central Market of Buenos Aires. This collaboration will allow market merchants to accept USDT as payment for goods and pay bills and a portion of employees' wages with the same stablecoin. The move is particularly exciting for merchants and customers in Argentina, which is currently experiencing hyperinflation. Tether hopes that this payment system will shield small-scale businesses from the country's inflation rate and eliminate intermediation costs by enabling direct digital transactions between businesses and their final consumers. Additionally, Tether and KriptonMarket will conduct educational programs to raise the next generation of crypto enthusiasts and blockchain businesses in Buenos Aires.
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