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Bolivia considers integrating USDT into national payments infrastructure

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Bolivia is evaluating the addition of Tether's USDT stablecoin to its national payments system. The move follows a significant surge in cryptocurrency adoption across the country. Transaction volumes reached $430 million in the year following the central bank's decision to lift crypto restrictions in mid-2024. The sharp rise in usage appears to have prompted authorities to consider formally incorporating digital assets into the country's financial framework.

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Bolivia considers integrating USDT into national payments infrastructure · ShortSingh