COINTELEGRAPH · 2026-10-21 20:26 UTC

Tether backs Bolivian fintech bringing USDT payments to food delivery and banking

Tether led a pre-seed funding round in Bolivian fintech Peso, which integrates USDT payments into food delivery apps and local banking networks across Bolivia, Brazil, Colombia and Argentina. Peso has integrated USDT payments into Yango's food delivery service and offers QR payments, point-of-sale services, and virtual accounts linked to Bolivia's banking system. Bolivia has increasingly adopted stablecoins since 2025 amid US dollar shortage and high inflation, with the government considering regulatory frameworks to recognize USDT for payments and trade.

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