Tether’s USDT Takes Root in Latin America Amidst Market Expansion

Tether, a major player in the stablecoin space, is establishing a strong presence in Latin America. In October 2024, Bolivia witnessed a significant move as Banco BISA, a prominent banking institution, granted Tether custody services. This has sparked adoption amongst retail users across the region. Now, Bolivian merchants are openly listing goods prices in USDT, signaling an impactful shift towards practical use of the stablecoin.