Salvadoreans are now selling ‘way more’ US Dollars to buy Bitcoin
President Bukele confirms that Chivo has reported 24,076 remittance requests, which has added up to $3,069,761.05 in one day. El Salvador’s mainstream Bitcoin (BTC) adoption gains momentum during the ongoing bull run as citizens increasingly exchange their United States dollar savings for Bitcoin. President Nayib Bukele shared this new development on Twitter based on the data acquired from El Salvador’s in-house wallet service, Chivo. President Bukele said:“People are inserting way more USD (to buy #BTC) than what they are withdrawing from the Chivo ATMs.”He also urged media outlets to....
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