<b>DAI and Tether Adoptions in VISA Card and E-C9mmerce Organization</b><b> </b>
<div dir="auto">Ethereum-based stablecoin, DAI can now be spent where VISA cards are accepted. And the <a href="https://www.blockchain.com/ru/static/pdf/StablecoinsReportFinal.pdf">major decentralized stablecoin</a>, Tether (USDT) is increasingly in use of the e-commerce industry.</div>
<h3><b>DAI Adoption in E.U. Stores</b></h3>
<div dir="auto">A press release issued on Oct 29 on the adoption of the aforementioned stablecoins. As per the release, the Financial platform, 2Gether adopted the DAI to its platform. A spokesperson stated this is the first time that platform added stablecoin support to its platform.</div>
<div dir="auto">Consequently, 2Gether users can spend DAI like Euro, anywhere in the world where VISA card is allowed to use. Moreover, 2Gather will allow DAI holder to acquire and sell 13 cryptocurrencies with no fees. The organization elaborates about the aims to achieve by the adoption of crypto assets to the platform:</div>
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<div dir="auto"><i><b>“The addition of Dai to 2gether’s crypto catalog offers the possibility of operating with a cryptocurrency that’s both decentralized and stable at the same time.”</b></i></div></blockquote>
<h3><b>E-Commerce Uses Tether's USDT</b><b> </b></h3>
<div dir="auto">Furthermore, chief technical officer at <a href="https://www.cryptoknowmics.com/crypto/crypto-capital-president-arrested-alleging-for-money-laundering/">Tether and crypto exchange</a>, Bitfinex, Paolo Arduino made a significant statement. In his statement, he said, E-commerce organization added Tether support. Further, he claimed Tether's adoption will enhance the pace of activity as it has a great potential to do so. Also said, Tether is faster than credit cards and typical payment systems. He stated:</div>
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<div dir="auto"><i><b>“Merchants need to have a stablecoin in order to protect their businesses from the volatility of other crypto assets such as Bitcoin. Tether is being widely used by merchants and e-commerce outfits but as this is a new trend we are still collecting and evaluating the data.”</b></i></div></blockquote>
<div dir="auto">This is in utter agreement with the recent reports that USDT is earning popularity as a payment network, with some experts observing it catching up with Bitcoin and Ether.</div>
<div dir="auto">That being said, the future of stablecoin usage as the payment method is in hazard given that the US Congress is considering a draft bill. And the bill claims all the stablecoins must be observed as investment contracts and therefore as securities.</div>
<div dir="auto">Reportedly, the government of Germany declared the intention of the prohibition of stablecoins adoption. Stating:</div>
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<div dir="auto"><i><b>“It will be ensured that stablecoins do not establish themselves as an alternative to state currencies and thus call into question the existing monetary system.”</b></i></div></blockquote>

DAI and Tether Adoptions in VISA Card and E-C9mmerce Organization

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