Toyota, Yamaha, and BYD Adopt USDT in Bolivia to Counter USD Reserve Collapse
Quick Breakdown: Bolivia faces a severe foreign exchange crisis with a 98% drop in USD reserves since 2014. To adapt, major automakers Toyota, Yamaha, and BYD now accept Tether's USDT for vehicle purchases. This follows Bolivia's 2024 crypto ban lift, which enabled stablecoin adoption to protect purchasing power amid currency ...