Bybit and Tether Join Forces to Boost Crypto Adoption in Brazil

Bybit and Tether Collaborate to Elevate Cryptocurrency Adoption in Brazil



In a pioneering move, Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has announced a strategic partnership with Tether, a leader in the digital asset sector and issuer of USD₮, the most widely used stablecoin. This collaboration aims to accelerate the acceptance of cryptocurrencies throughout Brazil via institutional partnerships, major event sponsorships, and a comprehensive range of educational initiatives.

One of the highlights of this partnership is the co-sponsorship of Blockchain Rio, one of the most significant blockchain conferences in Latin America. Attendees at this prestigious event will enjoy an exclusive USD₮ bonus for new users who register on the Bybit platform, providing a compelling incentive for newcomers to immerse themselves in the digital asset ecosystem.

Extending the partnership’s reach into practical applications, Bybit and Tether are engaged in advanced discussions with Visit Rio. The goal is to incorporate cryptocurrencies into the city’s tourism sector, offering tourists discounts and USD₮ bonuses when they use digital assets for services, tours, and purchases with local businesses. This initiative is set to position Rio as a forward-thinking, crypto-friendly travel destination.

As part of its long-term vision, Bybit plans to introduce a national educational program to boost crypto literacy and promote responsible adoption. This initiative will roll out a series of

Topics Financial Services & Investing)

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