#Bitcoin's Resilience Amid Trade Tensions: Navigating the #TACO Effect

In the face of ongoing trade tensions, Bitcoin has demonstrated remarkable maturity, no longer reacting with the same volatility to tariff threats. Fernando Martínez Fernández, CEO of Nonco, highlights this phenomenon, referring to it as the 'TACO' effect—'Trump Always Chickens Out.' This term underscores the market's evolving response to policy uncertainties.

Moreover, stablecoins are emerging as a viable alternative for remittance transfers to Latin America, offering a buffer against tariff-related challenges. Approximately 8% of remittances from the U.S. to Mexico are now conducted using stablecoins.

Read the full article for more insights: https://t.co/5UAs8ahlkE

#TradeTensions #Crypto