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Bolivia considers adopting USDT stablecoin as official payment to ease foreign currency shortage

Market News
13 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Bolivia is exploring the integration of the stablecoin Tether (USDT) into its national payment system, allowing it to be used alongside the US dollar and Bolivian boliviano. This move aims to facilitate everyday payments, international trade, and remittances, addressing the country's foreign currency shortage. The proposal follows the lifting of crypto restrictions in 2024 and depends on establishing a comprehensive regulatory framework. The government also plans to integrate digital assets into the formal banking sector, enabling crypto-based financial products like savings accounts and loans.

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