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Bitcoin and USDT attract modest premiums in Paraguay as millions face banking crisis

Bitcoin and USDT have traded at premiums in Paraguay's peer-to-peer markets as a banking collapse unsettles the country's financial system. The turmoil has coincided with a 10% surge in the dollar against the Paraguayan guaraní, growing public interest in Bitcoin and calls from crypto executives for alternatives to traditional banking. Data from CriptoNoticias, which tracks…

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Bitcoin and USDT attract modest premiums in Paraguay as millions face banking crisis
Picha: CryptoSlate

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Bitcoin and USDT have traded at premiums in Paraguay's peer-to-peer markets as a banking collapse unsettles the country's financial system. The turmoil has coincided with a 10% surge in the dollar against the Paraguayan guaraní, growing public interest in Bitcoin and calls from crypto executives for alternatives to traditional banking. Data from CriptoNoticias, which tracks…

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