USDT becomes a currency of exchange and displaces the dollar, even for food purchases

The cryptocurrency has become popular in Bolivia, to the point that smaller purchases, such as in stores and restaurants, are already priced at its market value Image posted by Tether CEO, Paolo Ardoino/Photo: X

If you are thinking of buying a car or a house and they will quote the exchange rate of the dollar at Bs 7 or 8, you should recalculate. You must take into account the quotation of the cryptocurrency USDT (Tether) which is gaining ground, not only for high-value or large-size goods; now you can even buy food.

Tether CEO, Paolo Ardoino, posted a suggestive text last week on his social media account X: “A quiet revolutionary change: digital dollars drive everyday life, commerce, and economic stability.” Up to that point, nothing strange.