According to Coinrise, Bolivia has officially lifted its decade-long ban on cryptocurrencies and is now allowing the use of Tether's USDT stablecoin for everyday transactions. Starting in 2025, the government plans to integrate USDT into the banking system, enabling people to use it for spending, saving, and loans. The Central Bank of Bolivia (BCB) has approved digital channels for crypto transactions, and banks like Banco Bisa have already begun offering crypto services. The move is part of a broader trend in Latin America, with countries like Brazil and Argentina also embracing stablecoins to drive economic growth and innovation.
Bolivia Legalizes USDT for Everyday Use, Joins Latin America's Crypto Trend
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