Overview

• Paolo Ardoino announced on X that dealerships for Toyota, BYD and Yamaha in Bolivia are taking USDT, sharing showroom images with “digital dollars” signage.
• The merchant-acceptance claim is sourced to Tether’s CEO and lacks independent confirmation from the automakers or third-party verification.
• The Central Bank of Bolivia reports a 630% surge in cryptocurrency transactions in the first half of 2025, totaling $294 million.
• Local infrastructure has expanded, with Banco Bisa launching USDT custodial services in October 2024 to facilitate larger, dollar-linked payments.
• Regional market data cited from Dune Analytics indicates USDT and USDC make up more than 90% of exchange activity across Latin America.