Bolivia Turns to USDT as Inflation Stays Above 20%
Pulse of the market
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With inflation at 22.23%, Bolivians are increasingly using USDT for everyday purchases, even seeing price tags listed in the stablecoin. Crypto transaction volume hit $14.8B, and the government now allows banks to offer crypto custody and use digital assets for savings and loans.
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USDT is becoming the go-to option where inflation makes local currencies unreliable.