US EditionBottom-up Adoption: USDT Surges as Unit of Account in Bolivia
- In mid-2024, Bolivia lifted its crypto ban, leading shops nationwide to display prices directly in the stablecoin USDT.
- This development followed growing economic instability and inflation, prompting rising public trust in USDT as a more stable medium of exchange.
- As of early June 2025, USDT achieved a weekly transaction volume of $132.97 billion and retained its position as the leading stablecoin, accounting for nearly two-thirds of the global market.
- Tether CEO Paolo Ardoino called Bolivia's stablecoin adoption a milestone, saying, "It's about financial survival and modern commerce."
- The increased retail use and financial integration of USDT in Bolivia highlight a model for wider digital currency adoption amid currency instability in emerging markets.
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Cryptocurrency News | Cryptocurrency Prices | Market CapBottom-up Adoption: USDT Surges as Unit of Account in Bolivia
The post Bottom-up Adoption: USDT Surges as Unit of Account in Bolivia appeared on BitcoinEthereumNews.com. 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 Bolivians. USDT Used to Establish Prices in Bolivia Stablecoins are becoming increasingly popula…
Bottom-up Adoption: USDT Surges as Unit of Account in Bolivia - Coin Surges
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 Bolivians. USDT Used to Establish Prices in Bolivia Stablecoins are becoming increasingly popular in […] Read Entire Article The post Bottom-up Adoption: USDT Surges as Unit of Account in Bolivia appeared…
Bottom-up Adoption: USDT Surges as Unit of Account in Bolivia – Emerging Markets Bitcoin News
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 Bolivians. USDT Used to Establish Prices in Bolivia Stablecoins are becoming increasingly popular in […]
"Digital dollars power everyday life, commerce, and economic stability," says Paolo Ardoino, CEO of Tether. Read more
Bolivian Shops Display Prices in USDT as Tether Expands Latin American Reach News ETHNews
Stores in Bolivia now list prices in USDT for everyday goods, signaling stablecoin adoption amid economic uncertainty. USDT recorded $132.97B weekly volume, holding 61% stablecoin share with 7.79M holder addresses. Businesses across Bolivia now list product prices in Tether’s USDT stablecoin. Sunglasses, Milka chocolates, Cadbury items, and other goods show digital price tags alongside local currency values. The Central Bank of Bolivia confirmed…
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