Cryptocurrency exchange Huobi is launching a fiat gateway in Indonesia to enable fiat-to-crypto trading between the Indonesian Rupiah (IDR) and Tether (USDT).
In a Dec. 27 press release, the Huobi Group announced that the launch of the new fiat-currency gateway will make it possible for Indonesian investors to utilize the IDR to trade more than 250 cryptocurrencies available on its Indonesian subsidiary, Huobi Indonesia. Senior director of Huobi Cloud David Chen commented: