The Mexican automotive industry experienced a significant upturn in October, with light vehicle sales reaching 122,051 units. This 7% increase compared to the same period in 2023 marks the highest sales volume since 2017, according to INEGI data. INEGI’s Administrative Registry of the Light Vehicle Automotive Industry (RAIAVL) reported that automakers sold 8,020 more light […]
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Tether Dominates Brazil’s Crypto Transactions in 2023
In 2023, Brazil’s revenue agency reported that Tether (USDT) accounted for 80% of all crypto transactions in the country. By mid-October, USDT transactions hit R$ 271 billion, or about $55 billion. Interestingly, this amount doubles Bitcoin’s transaction volume, which stands at R$ 151 billion or $30 billion. Stablecoins like USDT aim to hold a steady […]