CoinDesk·4 min read·medium
Bolivia weighs adding Tether's USDT to its national payments system
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Francisco Rodrigues
✦AI Summary
The Bolivian government is evaluating the potential integration of Tether's USDT into its national payments system to address U.S. dollar shortages. While the proposal is under technical review, it follows a significant surge in local cryptocurrency adoption.
Economy Minister José Gabriel Espinoza said at a press conference on Monday that the government is evaluating whether USDT could circulate alongside the boliviano, the country’s fiat currency, and the U.S. dollar.
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