CandleFocus

First Bank in Bolivia Launches USDT Services

Bisa Bank, one of the largest banks in Bolivia, has launched a suite of stablecoin products, allowing customers to buy, sell, and store USDT using the bank's services. This move provides users with a safe and trusted alternative for managing this dollar-based stablecoin. Bisa Bank will charge customers a fee for stablecoin purchases and transfers to international accounts. The introduction of USDT reinforces the importance of dollar-pegged stablecoins in developing countries like Bolivia, where direct access to the dollar is limited.

Related News