Bolivian banks turn dollar shortage into a USDT business
- —Bolivian banks sell USDT via Yasta, Cuenta Cripto and Bisa
- —The move follows a shortage of US dollars in the country
- —Banks charge a commission on the conversion into stablecoins
Why it matters: The case shows how USDT becomes a dollar substitute and a new revenue source for banks in countries facing currency shortages.
Source: CriptoNoticias