Reported about 10 hours ago
Toyota, BYD, and Yamaha have begun accepting USDT payments in Bolivia, a move confirmed by Tether CEO Paolo Ardoino. This shift comes as Bolivia's Central Bank reports a 630% increase in crypto transactions, amounting to $294 million in the first half of 2025. The decision follows a resolution to remove the crypto ban and allows financial institutions to facilitate crypto exchanges. As Bolivia embraces cryptocurrency within a regulated framework, the trend reflects broader adoption across Latin America amidst economic instability.
Source: YAHOO