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Bottom-up Adoption: USDT Surges as Unit of Account in Bolivia

[Jun 8 8:35 PM] Paolo Ardoino, CEO of Tether, posted several pictures of items priced in USDT in Bolivia, marking an adoption milestone for the dollar-pegged stablecoin. The measure comes amid a climate of unrest due to the scarcity of dollars and gas faced by…

Bolivia Ramps up Stablecoin Adoption as Bank Debuts USDT Services

[Oct 28, 2024 5:30 AM] Stablecoin demand and adoption are poised to increase in Bolivia, as a bank has presented a USDT service suite for the first time. Bisa Bank, a private institution, now allows customers to purchase, sell, and keep USDT funds in the bank, leveraging…

Crypto Trading Volumes Double After Lifting of Ban in Bolivia

[Sep 29, 2024 7:45 PM] According to data from the Central Bank of Bolivia, operations with crypto assets rose in the last three months after the institution lifted a blanket ban on using the banking system for these transactions. Volumes doubled on average, with…