Bolivia Is Considering Adding Tether's USDT Stablecoin to National Payments System: Report
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Bolivia is assessing the potential to include USDT alongside other forms of payment in the nation. The nation removed a block on crypto transactions in 2024 and is still working on a way to regulate crypto assets. From July 2024 to June 2025, it facilitated more than $14.8 billion in crypto transaction volumes. Bolivia’s economy is stabilizing, and now it is investigating the potential inclusion of Tether’s dollar-backed stablecoin USDT as a form of payment in the nation, according to a local news report from La Razón . The report stems from a Friday briefing from Bolivia’s Minister of Economy, José Gabriel Espinoza Yáñez, who highlighted the care that must be taken as part of the assessment. “Remember that Bolivia is on the [Financial Action Task Force] gray list, yet another consequence of the problems they left us with in the past, and these crypto assets must be carefully evaluated,” he said in the press conference, per the publication. “We are working on regulations to govern their use for those who have adopted them, in many cases out of necessity, and know how to use them properly,” he added.
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The Bolivian government is reportedly considering integrating the Tether (USDT) stablecoin into its national payment system. This move is seen as a strategic response to currency depreciation and chronic dollar shortages. If implemented, this decision could accelerate cryptocurrency adoption across South America, and investors should closely monitor this case of state-level stablecoin utilization.
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- Bitcoin — The adoption of stablecoins at a national level improves the legal status of cryptocurrencies and increases public acceptance. This can boost liquidity across the crypto market, serving as a price growth catalyst for major assets including Bitcoin.
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