Bybit and Tether join forces in a strategic collaboration to boost cryptocurrency adoption in Brazil, aiming to promote digital assets in the Latin American market.
In the ever-evolving world of cryptocurrency, several significant developments have taken place recently. One of the most notable is Bybit's expansion in Brazil, marking a significant step towards increasing crypto literacy and responsible adoption.
Israel Buzaym, appointed as Bybit's Country Manager for Brazil earlier this year, is spearheading this expansion. Bybit, the second-largest cryptocurrency exchange by trading volume, has partnered with Tether, the issuer of USD₮, the most widely used stablecoin. This partnership aims to boost cryptocurrency adoption across Brazil through institutional partnerships, major event sponsorships, and educational initiatives.
One such event is TOKEN2049 Singapore 2025, where BingX will headline as Title Sponsor, with special guest Chelsea FC Legend John Terry. Bybit will also roll out a national educational program during the event, with new users who register on Bybit's platform receiving an exclusive USD₮ bonus.
Bybit's educational efforts don't stop there. The program includes 'Learn to Earn' campaigns and in-person events such as workshops, university meetups, and seminars. Bybit has also significantly expanded its local presence and launched tailored offerings such as Bybit Pay and the Bybit Card.
Another project making waves is LET Mining, which simplifies crypto investing and promises to make it efficient. Meanwhile, InvroMining launches its AI Cloud Mining Infrastructure, offering multi-asset modules for BTC, ETH, DOGE, and more.
In other news, the development of SJMINE on XRP is announced. XRP Adoption also expands, offering predictable passive income to holders who register. Morpheus Decentralized AI Marketplace expands staking to USDC, USDT, and WBTC via Aave DeFi Integration.
Elsewhere, the Origin Summit announces Wave 3, with animation powerhouse Maggie Kang joining the programming lineup. The collaboration includes co-sponsorship of Blockchain Rio, one of Latin America's most influential blockchain conferences.
A new crypto project, $LIVE, has a presale with 12x returns on launch, RWA rewards, and a $2.5 million giveaway. Tether's market capitalization exceeds $114 billion, underscoring the growing importance of stablecoins in the crypto ecosystem.
Lastly, Bybit and Tether are in discussions with Visit Rio to integrate cryptocurrency into the city's tourism sector, offering discounts and USD₮ bonuses to tourists. These developments underscore the growing role of cryptocurrency in various sectors, from education to tourism.
As these developments unfold, it's clear that the future of cryptocurrency is shaping up to be an exciting one, with Bybit at the forefront of many of these initiatives.
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