Bolivia moves to recognize USDT amid a dollar shortage, while Bitcoin miners’ AI ambitions face fresh investor scrutiny.
Stablecoins have long been pitched as a faster way to move dollars across borders. In Bolivia, they’re increasingly becoming a way to access dollars in the first place. The country’s recent proposal to recognize Tether’s USDt (USDT) for payments underscores how economic instability is driving adoption in many emerging markets.&
Elsewhere, Bitcoin miners are discovering that pivoting to AI infrastructure may unlock new revenue streams, but it doesn’t shield them from investor scrutiny.
Bolivia is considering a regulatory framework that would recognize Tether’s USDT as a payment currency, marking another step in the country’s push to integrate digital assets into its financial system.
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