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Bolivia weighs adding USDT to its regulated payments system
Bolivia’s review comes as virtual asset activity surged to $430 million after payment channels for virtual assets opened, according to local reporting cited by CryptoSlate.
Bolivia’s government is evaluating whether to include USDT, a dollar stablecoin, in the country’s regulated payment system alongside the boliviano and the US dollar, La Razon reported, as cited by CryptoSlate.
CryptoSlate reports that Bolivia’s finance minister characterized the current setup as a prohibition lifted without a clear regulatory framework, with a technical review still underway.
The article links stablecoin adoption in parts of the region to currency pressures and limited access to foreign exchange, saying citizens often turn to dollar-stablecoins first for savings, then for payments as merchants and businesses begin to accept them.
CryptoSlate also points to growth in Bolivia’s virtual asset operations, saying they rose more than 630% in a year to $430 million after electronic payment channels opened, with first-half volume increasing to $294 million in 2025 from $46.5 million in 2024.