Markets· ★★· neutral· October 23, 22:16

Bolivia's Binance dollar tops 12 bolivianos, 1.8% above official rate

—Binance P2P USDT rate in Bolivia: 12.05 bolivianos
—Official exchange rate: 11.84 bolivianos
—Gap between the two rates: 1.8%
—Previous reading was 11.99 bolivianos

Why it matters: The rising parallel rate signals dollar scarcity in Bolivia and demand for USDT as a substitute for the local currency.

Source: CriptoTendencias

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