Bolivian Toyota dealer Toyosa has added Bitcoin as a payment option for vehicle purchases. Customers can now pay for vehicles using BTC, in addition to Bolivianos, US dollars, and USDT. The service was announced during Expocruz 2026 in Santa Cruz.
USDT has been integrated for one year.
Toyosa's此次扩展基于其于2025年上线的USDT支付服务。根据此前公布的流程，客户需先获取报价，再选择支持的区块链网络，并通过加密钱包扫描二维码完成支付。
The public page states that USDT payments support the Ethereum and Tron networks, with Towerbank as the financial partner and BitGo providing blockchain technology support. However, as of September 20, the relevant page has not yet been updated with separate Bitcoin payment instructions.
Towerbank handles transactions.
In this service, Towerbank handles the trading platform and provides support for digital assets, while BitGo offers institutional-grade wallet infrastructure, security capabilities, and transaction traceability.
On September 20, BitGo stated that its BitGo Bank & Trust provides the digital asset wallet infrastructure for Toyosa’s Bitcoin payment services. However, neither party disclosed which BTC wallets are supported, the confirmation requirements, how exchange rates are calculated, or whether there are transaction limits.
Whether BTC is retained has not been disclosed.
Current public information only confirms that customers can pay with Bitcoin; it is insufficient to determine whether Toyosa will retain the received BTC on its books. It is also unclear whether these payments will be automatically converted to fiat currency after settlement or subject to other settlement arrangements.
Bolivia's relaxed regulations lead to increased trading activity
Before this service launched, Bolivia had relaxed restrictions on virtual asset payments in June 2024, permitting electronic payment channels and tools for related transactions. However, the central bank still emphasized that the Boliviano remains the sole legal tender, and businesses are not obligated to accept cryptocurrency payments.
According to data from Bolivia’s central bank, virtual asset transactions conducted via electronic payment tools amounted to $294 million in the first half of 2025, up from $46.5 million during the same period in 2024. Since the policy adjustment, total transaction volume has reached $430 million.