Tether CEO Paolo Ardoino revealed images of goods in a Bolivian airport shop priced in USDt, indicating the rising unofficial adoption of the stablecoin amid the country's economic struggles. In a June 7 post, Ardoino shared pictures including sunglasses and sweets, along with a notice stating that prices are set in USDT, referencing the Central Bank of Bolivia's daily rate informed by Binance. Customers can pay in local Bolivianos or US dollars, with USDT serving to establish the dollar-Bolivianos exchange rate. While the prevalence of USDT as a pricing standard in Bolivia remains uncertain, it is reportedly gaining traction; Banco Bisa, a major local bank, announced plans to facilitate trading in USDT. Bolivia's economy has been declining, with foreign reserves plummeting and facing significant shortages of essential imports. The local Consumer Price Index reflects soaring prices, highlighting the local currency's diminishing purchasing power as evident in the pricing of everyday items.

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