Stablecoin News: Bolivia Eyes Tether’s USDT Addition in National Payment System

Key Insights:

• Bolivia evaluates USDT integration as stablecoin news reshapes its national payment system.
• Regulatory review advances while USDT adoption grows across Bolivia’s banking sector.
• Tether gains momentum as Bolivia studies formal USDT use alongside existing currencies.

Stablecoin news drew attention after Bolivia confirmed it is technically evaluating whether Tether’s USDT could become part of the country’s national payment system. The proposal would allow the stablecoin to circulate formally alongside the U.S. dollar and the Bolivian boliviano.

Economy Minister José Gabriel Espinoza said the government is studying the measure while preparing a broader regulatory framework for digital assets. The evaluation follows the growing domestic use of USDT amid a prolonged foreign currency shortage. It comes as Bolivia continues to expand its approach to cryptocurrency regulation.

Stablecoin News: Bolivia Studies USDT Integration

Espinoza said Bolivia is conducting a technical evaluation to determine whether USDT can be added to the national payment system. He explained that the goal is to allow the stablecoin to circulate as another recognized currency in the country’s economy.

According to the minister, Bolivia has already removed its previous ban on digital financial instruments. However, he said the country still lacks detailed regulations to support broader, more formal adoption.

If approved, the act would grant USDT an official role in the payment system. Citizens and businesses could use the stablecoin in everyday transactions under a regulated system. The proposal is set to link USDT to the U.S. dollar and the Bolivian boliviano in the payment structure.

The discussion follows the increased adoption of USDT across Bolivia. Demand for the stablecoin expanded during 2024 as the country continued to experience difficulties accessing foreign currency. CriptoNoticias previously reported that people also used USDT in fuel-related transactions during that period.

Regulatory Review Remains Central to the Proposal

Espinoza said any formal integration requires a rigorous regulatory framework. He noted that Bolivia remains on the Financial Action Task Force gray list, making regulatory oversight an important part of the evaluation.

The minister explained that authorities must establish controls to reduce risks linked to money laundering and other illicit financial activities. As a result, technical reviews continue before any final decision is made.

The draft builds on regulatory changes that were introduced in June 2024. During that period, Bolivia lifted its prohibition on Bitcoin and other digital currencies.

Following President Rodrigo Paz Pereira’s swearing-in in November 2025, Espinoza reinforced the government’s commitment to integrating digital assets into the formal banking system. The plan includes creating guidelines that would allow financial institutions to offer savings accounts, credit cards, and loans connected to these technologies.

Stablecoin News: Banks Expand USDT Services as Adoption Grows

Institutional activity has recently increased across Bolivia’s banking sector. On April 29, 2026, state-owned Banco Unión announced the integration of USDT into its Yasta electronic wallet.

Banco FIE introduced a Crypto Account during the same month. As reported, the service was set to allow customers to buy and sell USDT through the bank’s mobile application.

Bolivian banks have also signed agreements supporting the regulated use of USDT since 2025. In addition, businesses across the country already use the stablecoin as a unit of account in various commercial activities.

The latest stablecoin news also attracted attention from Tether Chief Executive Paolo Ardoino. He stated that USDT continues to gain importance as a cornerstone across several emerging market economies.

Bolivia’s technical review now focuses on determining whether that growing financial activity can operate within a formal regulatory structure.

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