USDT gets a Brazil payment route to 170 million people by making crypto disappear
The Brazil integration tests whether stablecoins work best when users spend through a rail they already trust.
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This year, only tech billionaires are making money: the AI boom drives a $845 billion surge in net worth, with Elon Musk alone accounting for nearly 40%.
According to the Bloomberg Billionaires Index, out of the world's 500 richest people, approximately 100 technology industry billionaires saw their combined wealth increase by $845 billion in the first nine months of this year, setting a historical record for the period. Meanwhile, billionaires from non-technology sectors saw their collective wealth shrink by $62 billion during the same timeframe. Elon Musk alone added $310 billion to his wealth in the first nine months, accounting for about 40% of the total increase in the index.
Is Bitcoin Heading Toward $90,000? Bloomberg Legend Mike McGlone and Three Experts Weigh In
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