Meta Rolls Out Instagram NFT Integration in Over 100 Countries

in meta •  2 years ago 

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According to Meta Newsroom, the company has begun its NFT expansion across 100+ countries in Africa, the Middle East, Asia-Pacific, and the Americas. This rollout will include support for wallet integration with Coinbase Wallet and Dapper.

Posting NFTs on Instagram would be as easy as connecting your wallet. The platform features or will feature third-party integrations with MetaMask, Rainbow, and Trust Wallet too. The feature supports the Ethereum, Polygon, and Flow blockchains at the moment.

USDT Ends Three-month Decline, Expands Circulating Supply

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After three months of reductions, Tether has expanded its circulating supply again, indicating that markets could gradually be recovering.

In May, Tether's circulating supply reached its all-time high of 83 billion USDT. However, a confluence of factors including the collapse of Terra, the subsequent ''crypto contagion'', and general panic forced the company to reduce it.

By late July, USDT supply had fallen by 21% to 65.8 billion. However, the first USDT mint in three months occurred last week, followed by three more. While that lifted USDT's market cap by just 0.7%, it could be a good omen.

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