The Paxful peer-to-peer trading platform added Tether support just three weeks ago. It’s proving a popular addition.
Paxful, a peer-to-peer marketplace that got its start as a Bitcoin trading platform, has seen enthusiastic uptake in dollar-pegged stablecoin activity following the addition of support for Tether on the platform.
Paxful users have converted nearly $1.5 million in Bitcoin to Tether since the dollar-pegged stablecoin launched on the platform September 9, according to data Paxful shared with Decrypt.
Source:
https://decrypt.co/43304/paxful-users-convert-million-bitcoin-tether-weeks