Strike, a global bitcoin payments service, has expanded to 65 more countries across six continents, introducing USDT (U.S. dollar equivalent) support and a revamped app. This development has significant implications for global adoption, particularly in countries with weak currencies or high inflation rates.
The expansion brings Strike's effective reach to 3 billion people, with the ultimate goal of serving 7-8 billion worldwide. The service promotes financial inclusion, economic stability, and global connectivity by:
1. Providing access to a stable financial system for underserved communities.
2. Mitigating inflation effects with a U.S. dollar equivalent stablecoin.
3. Facilitating cross-border transactions and international trade.
Overall, Strike's expansion is an important development in the world of finance, with potential to promote economic stability and global connectivity.
Strike Expands Global Reach, Introduces USDT Support And Unveils Enhanced App At Bitcoin 2023 Conference