Toyota and BYD Dealers Begin Accepting USDT Payments in Bolivia

On the 21st, Paolo Ardoino, CEO of Tether, announced that dealerships of major automotive companies Toyota, BYD, and Yamaha have commenced accepting payments in the stablecoin USDT in Bolivia. Local Spanish advertisements proclaiming 'Buy cars with Digital Dollars' have been displayed, promoting USDT as a fast and secure payment method. Additionally, on the 20th, BitGo reported that a Toyota vehicle was purchased with USDT for the first time in Bolivia, facilitated by a partnership between Toyosa Bolivia and Tether, providing the payment infrastructure. According to the Central Bank of Bolivia, virtual currency payment transactions in the first half of 2025 are estimated to be around 300 million...