Can Stablecoin Replace Failing Fiat? Tether’s BTC Buys, OKX Brazil Push in Spotlight

Dollar-pegged stablecoins are moving from trading tools to retail products in economies facing inflation and weak currencies. Two recent incidents frame the shift: Tether continues allocating a share of profits into Bitcoin, while OKX introduced a high-yield stablecoin wallet and card in Brazil that converts reais to dollar tokens. Together, these moves present stablecoins as everyday finance rather than a niche hedge. Tether’s policy links USDT growth with a balance-sheet Bitcoin position, while OKX’s pr ...