Overview
- Toyosa’s nationwide network now accepts USDT for Toyota, BYD and Yamaha purchases, with dealerships promoting “digital dollars” at point of sale.
- BitGo confirmed the first Toyota in Bolivia was bought with USDT on Sept. 20, following Tether CEO Paolo Ardoino’s public rollout.
- USDT vehicle payments are being enabled through BitGo’s institutional custody and Panama-based Towerbank’s transaction processing.
- Bolivia’s central bank reported $294 million in crypto payments in the first half of 2025, a 630% increase from 2024, reflecting rapid uptake.
- The expansion builds on a June 25 resolution recognizing virtual assets, Banco Bisa’s USDT custody launch, YPFB’s crypto-enabled import approval, and an MoU with El Salvador’s digital-assets authority.