In Bolivia, a subtle but impactful shift is taking place as stablecoins begin to redefine how everyday transactions are conducted. Stores across the country are now open.
Product prices are being denominated in Thyme's USDT stablecoin, marking a significant shift in consumer behavior. From sunglasses to chocolates like Milka and Cadbury, everyday items now carry digital price tags. Thyme CEO Paulo Ardoino appreciates the success of USDT. In this context, Thyme CEO Paulo Ardoino took to Twitter (formerly X) and highlighted the deep integration of USDT into everyday financial transactions. The Central Bank of Bolivia reported that some products are now priced solely in USDT, reflecting increased public confidence in stablecoins during times of economic instability. This coincides with the crypto market's push toward recovery over the weekend, while adoption of the network continues to steadily rise. According to recent data from Santiment, Ethereum (ETH) leads the pack with over 148 million holders, followed by Bitcoin (BTC) with 55 million. Even the meme coin Dogecoin (DOGE) boasts nearly 8 million holders, slightly ahead of Thyme's 7.79 million. John Ma adds to the discussion. Artemis CEO John Ma chimed in, saying that while USDT may grow, Ether's dominance could remain strong depending on broader market dynamics. His remarks underscore the importance of discretion in analyzing stablecoin performance. He also added that Ether's dominance in the stablecoin space remains unshakable, supported by both market interest and strong financial metrics, and the current USDT dynamics.Meanwhile, it recorded $132.97 billion in transaction volume in the first week of June, according to Visa On-Chain Analytics. Artemis' John Ma noted that while Circle's EBITDA multiple may compress in 2025 as the
Over time, the resilience of the financial treasury remains evident. Currently, USDT holds over 61% of the stablecoin market share and has established itself as the preferred insurance in the crypto world, offering liquidity, reliability, and widespread trust when the need arises.
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