Bybit partners with Tether to boost crypto adoption in Brazil
Main Idea
Tether is partnering with Blockchain Rio to accelerate cryptocurrency adoption in Brazil through educational campaigns and local initiatives, while Bybit expands its presence in the region with tailored offerings.
Key Points
1. Tether is co-sponsoring Blockchain Rio to promote cryptocurrency adoption in Brazil, focusing on tourism sector discounts and USDT usage.
2. Educational initiatives include 'Learn to Earn' campaigns rewarding users for completing blockchain courses, along with workshops and university programs.
3. Bybit has appointed Israel Buzaym as Country Manager for Brazil to strengthen its local presence with customized services.
4. Bybit's Country Manager highlighted Brazil's strong momentum in cryptocurrency adoption and liquidity growth.
Description
Cryptocurrency exchange Bybit has announced a strategic partnership with Tether, the issuer of USDT stablecoin, to accelerate cryptocurrency adoption across Brazil, as per the information shared with Finbold on July 25. The partnership features co-sponsorship of Blockchain Rio, a major Latin American blockchain conference, where new Bybit users will receive exclusive USDT bonuses. Bybit and Tether are also in discussions with Visit Rio to integrate cryptocurrency into the city’s tourism sector, ...
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