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US Treasury Signals Support for Loan to ‘Make Argentina Great Again’


US Treasury Secretary Scott Bessent vowed to help Argentina obtain fresh funds to alleviate the country’s economic crisis. He underscored Argentina’s relevance as a “systemically important U.S. ally in Latin America,” opening several paths to support President Milei’s policies. U.S. Open...

Toyota and Yamaha Pioneer USDT Payments in Bolivia and Latam


Toyosa, the exclusive dealer for Toyota and Yamaha in Bolivia, has debuted USDT payments for its sales operations. The initiative, completed in collaboration with Towerbank and Bitgo, will allow customers to pay for their vehicles using Tether’s stablecoin via a QR code. Toyota and Yamaha Leverage...

Tether Clarifies Power‑Cut Situation in Uruguay


Tether is in the early stages of winding down its mining operations in Uruguay due to high energy costs. Tether had been negotiating new tariffs with UTE, the state‑owned power company, since 2023, but the talks produced no agreement. Tether Clarifies Power Cuts in Uruguay, States It Is Winding...

Power Cuts: Tether Owes Nearly $5 Million in Energy Bills to Uruguay


Local reports say the power company cut power to Tether’s operation on July 25 amid a renegotiation of Uruguay’s power tariffs. In June, the company signed an MoU conditioned on payment of its outstanding debts. Tether Faces Power Cuts in Uruguay Amidst $5 Million Outstanding Energy Debt Tether...

Moneygram Debuts Stablecoin-Powered Cross-Border Transactions in Latam


Moneygram, a remittance industry giant, is gearing up to include stablecoin-powered operations for its cross-border transactions in Latam, adopting USDC in collaboration with Crossmint. The move aims to cut costs and retain users who are pivoting to stablecoins. Moneygram Pushes Stablecoins in...

El Salvador Stresses Bitcoin Banks Are Coming This Year


During celebrations marking the fourth year of the country’s bitcoin pivot, authorities said bitcoin banks will be established soon. El Salvador enacted the Investment Bank Law in August, opening the doors to private bitcoin investment banks. El Salvador Readies to Open Bitcoin Banks Soon...

Central Bank of Uruguay to Study Digital Currency Implementation


Uruguay is in the initial stages of studying the implementation of a digital currency as part of a restructuring process. Adolfo Sarmiento, the former manager of economic policy and markets, has been reassigned to oversee the project. Uruguay Jumps on the Digital Currency Bandwagon as Part...

Brazil to Start Applying VASP Regulation by 2026


Authorities at the Central Bank of Brazil stated that it aims to start enacting VASP regulation in 2026, following the definition of the rules those regulations will follow. The bank stressed that the rules will allow for freedom but should not be “too bold.” Central Bank of Brazil Aims to Finalize...

Trump Media Unveils 5 America First-Themed ETFs Under Truth Social Brand


Trump Media is unleashing a bold wave of America First ETFs under the Truth Social brand, fusing cultural alignment with financial innovation in an aggressive expansion strategy. Trump Media Broadens ETF Strategy With Patriotic Funds Under Truth Social Label Trump Media and Technology Group Corp....

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