- Stores in Bolivia now list prices in USDT for everyday goods, signaling stablecoin adoption amid economic uncertainty.
- USDT recorded $132.97B weekly volume, holding 61% stablecoin share with 7.79M holder addresses.
Businesses across Bolivia now list product prices in Tether’s USDT stablecoin. Sunglasses, Milka chocolates, Cadbury items, and other goods show digital price tags alongside local currency values. The Central Bank of Bolivia confirmed this practice occurs for some products.
Tether CEO Paolo Ardoino noted USDT’s integration into daily commerce. The Central Bank of Bolivia observed some items priced exclusively in USDT. This quiet change coincides with broader stablecoin adoption across Latin America.
USDT recorded $132.97 billion in transaction volume during early June. Visa’s on-chain analytics provided this figure. Tether holds 61% of the stablecoin market share. Its weekly volume supports its current position.
Coming soon with @Stablecoin + @Visa 🔥 pic.twitter.com/ymXHi94KaE
— Airtm (@airtminc) May 13, 2025
Artemis CEO Jon Ma stated Tether remains profitable. He mentioned competitor USDC may grow but emphasized personal research for stablecoin assessment. Network data shows Ethereum leads with 148 million holders, followed by Bitcoin at 55 million. Dogecoin holds nearly 8 million addresses, slightly above Tether’s 7.79 million.
Orionx Secures Funding for Stablecoin Expansion
Latin American exchange Orionx obtained new funding from Tether. This Chilean-founded company operates in Peru, Colombia, Mexico, and Chile since 2017. The capital will improve Orionx’s technology and stablecoin-based infrastructure. Target services include remittances, payment processing, and business treasury management.
Orionx offers “remesas como servicio” (remittances as a service). The partnership with Tether aims to broaden these financial solutions across the region. Paolo Ardoino stated the investment seeks financial inclusion through stablecoin technology. Orionx CEO Joel Vainstein said the backing will accelerate digital payment adoption for businesses and individuals.
Stablecoins serve as lower-cost transaction tools in Latin America. Residents use them for speed and reduced fees compared to banks or money transfer agencies. Countries like Venezuela see particular utility during high inflation periods.
