The Mexican ATMs will now provide support for DASH to over 11,000 ATMs, which will create a huge influx of crypto interest. This addition comes in after the announcement of a partnership between Dash Pay and cryptocurrency company Tauros. A well-known cryptocurrency remittance organization in Mexico, Tauros, is popular for its cause of making the purchasing of cryptocurrency easier for people.
‘’The United States of America and Latin America together have become great places for cryptocurrency usage. The Latin American countries have taken bigger share from the pie because of the high update within the cryptocurrency industry.’’
Dash cryptocurrency, is one of the huge altcoins on the charts that have been a great help for growing economies. After enjoying great growth in countries like Venezuela and Colombia, now Dash has set it’s to course on conquering Mexico. With the newest addition, the people that use ATM will have the opportunity to purchase Dash with Mexican Peso The Chief Executive Officer of Dash Core Ryan Taylor said that the ‘great partnership’ between them will make the way for even more development in the region. He added for the latest dash news:
“[The Bitcoin ATMs] Infrastructure that can continue growing our Latam [Latin-America] remittances strategy going forward and help expand our use for payments in Mexico, even among the unbanked. This is another great partner for Dash.
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The cryptocurrency market has remained strong in states with flailing economies. That was the number one reason why Dash and Bitcoin turned into superstars in countries like Venezuela. Past studies had presented that merchants in Venezuela had started to accept Dash coin as an instrument of payment for elementary necessities. This custom came in right in the middle when the regime imposed its own state-backed cryptocurrency, the Sovereign Bolivar.
There are certain reports that predicted that Dash cryptocurrency may have over 1 million users in Venezuela by the end of this year. Mark Mason noticed that from May of 2019 to December of 2019 there was a growth of 569% in Dash wallet usage in Venezuela. The number of devices that utilized the Dash wallet application had grown from 7,597 in May of 2019 to 50,336 in December of 2019.
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