stable coins

Story: Bolivia Backs USDT as Dollar Crunch Forces Stablecoin Pivot

By Julie Binoche

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Bolivia's USDT Framework Still Taking Shape. Authorities are expected to put together guidelines for how USDT gets used inside the country.

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Bitcoin Miners and the AI Scrutiny Problem. Separately, Bitcoin miners are having a rough time with investors right now, and it's got…

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Bolivia said yes to Tether's USDT. That's the short version. The longer version is messier, and it basically tells you everything about where the country's economy is right now.

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The Bolivian government moved to formally recognize USDT as a legitimate currency option for businesses and citizens.

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The dollar shortage has hit hard. Businesses can't settle international transactions cleanly.

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What's clear is that the policy direction has shifted. Digital currencies were, not long ago, treated with deep suspicion across much of Latin America.

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The stablecoin market globally has grown fast enough that regulators in multiple jurisdictions are still catching up.

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Related: Dollar Climbs After Dallas Feds Logan Backs Modestly Higher Rates

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Separately, Bitcoin miners are having a rough time with investors right now, and it's got everything to do with artificial intelligence.

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Mining companies have been pushing hard into AI integration — the idea being that the same infrastructure running mining operations can be repurposed or expanded to support AI…

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Investors aren't buying it yet. Not fully.

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The scrutiny isn't about whether AI is a real industry — it obviously is. The concern is whether mining companies specifically can execute the pivot, whether the economics work,…

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So miners are getting pushed to show their math. Investors want to understand how AI integration changes the cost per unit of computing, what contracts look like, what demand…

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Related: SBI Holdings Grabs Majority Stake in Coinhako, Eyes Singapores Crypto Edge

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The mining sector has always attracted a certain type of boom-and-bust energy. Companies scale up fast during bull markets and struggle when prices drop.

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