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.
USDT stablecoin usage is growing rapidly in Venezuela, Argentina, Bolivia, and Turkey as citizens seek to protect their wealth amid currency depreciation and limited access to physical U.S. dollars. These countries face high inflation and economic in...
Tether's stablecoin USDT gained about 1.6 million new holders last week, significantly outpacing USDC's 591,100 new holders, showing stronger adoption despite a cooling stablecoin market. USDT's market cap is around $183 billion, about 2.5 times larg...
USDT deposits on Aave V3 increased by $526 million over three months, pushing total deposits to about $3.03 billion by late July 2026. This surge reflects strong demand for stablecoins in decentralized lending, with active USDT loans reaching $2.5 bi...
Circle and Tether, the leading stablecoin issuers, minted $3 billion in new tokens over two days, reflecting ongoing high demand for dollar liquidity on blockchain networks. Tether added $1 billion to its USDT supply, now around $183 billion, while C...
Tether has exited two Bitcoin mining operations in Uruguay following a conflict with the state utility UTE over electricity supply, leading to a halt in mining activities and losses of about $120 million. The dispute arose from differing interpretati...
