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Tether leads pre-seed funding in Bolivian fintech Peso to expand USDT payments in Latin America

Market News
22 Oct 2026
Crypto news
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Bullish
Tether leads pre-seed funding in Bolivian fintech Peso to expand USDT payments in Latin America

Tether has led a pre-seed funding round in Bolivian fintech Peso to grow USDT stablecoin payment services across Bolivia, Brazil, Colombia, and Argentina. Peso enables users to pay for services like Yango food delivery using USDT and connects stablecoin wallets with local bank transfers, QR payments, and merchant terminals. The investment will support expanding Peso's payment infrastructure and local currency conversion, making USDT usable for everyday purchases and international transfers. This move aligns with growing stablecoin adoption in Latin America amid currency restrictions and aims to integrate digital dollars with traditional financial systems.

Tether's recent funding in Latin American fintech Peso provides context as we observe Pluang's cryptocurrency market. As of Oct 22, 2026 11:51 WIB, among 50 major cryptocurrencies on Pluang, 14 rose and 35 fell. Notable price changes include Solar (SXP) down 46.27% at Rp37, Balancer (BAL) up 11.14% at Rp16.297, and EOS.IO (EOS) up 8.13% at Rp12.649, with typical hold times ranging from 85 to 94 days.

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