Education Blog
No Result
View All Result
Crypto
No Result
View All Result

Will El Salvador Default on Its Sovereign Debt in 2023?

Press Release by Press Release
June 8, 2022
in Uncategorized
0
Will El Salvador Default on Its Sovereign Debt in 2023?
Share on FacebookShare on Twitter



More speculatively, El Salvador might be able to secure some financing from large players in the crypto space, the so-called “whales” who want to keep the idea of “nation-state bitcoin adoption” alive. Stablecoin issuer Tether, crypto exchange Bitfinex or others could extend support with a direct loan to the government, by buying domestic bonds or simply depositing U.S. dollars in banks in El Salvador, which the banks could turn around and use to buy government debt.



Source link

Tags: DebtDefaultSalvadorSovereign
Press Release

Press Release

  • About Us
  • Contact Us
  • ICO
  • MEXC Global to Support the Upcoming Nervos Network Hackathon
  • Prices
  • Privacy Policy
No Result
View All Result
  • About Us
  • Contact Us
  • ICO
  • MEXC Global to Support the Upcoming Nervos Network Hackathon
  • Prices
  • Privacy Policy

© 2022 Cryptocrunches.com

  • Calamari NetworkCalamari Network(KMA)$0.0023177.04%
  • JDBJDB(JDB)$0.021575-0.61%
  • bitcoinBitcoin(BTC)$23,352.000.03%
  • ethereumEthereum(ETH)$1,661.590.48%
  • USDEXUSDEX(USDEX)$1.080.25%
  • tetherTether(USDT)$1.000.06%
  • binancecoinBNB(BNB)$329.700.12%
  • usd-coinUSD Coin(USDC)$1.000.07%
  • rippleXRP(XRP)$0.4099790.18%
  • Binance USDBinance USD(BUSD)$1.000.07%