Bolivia Urged to Adopt Stablecoins Before Missing the Crypto Wave
Bolivia stands at a pivotal moment as the global financial system continues to shift toward digital assets. Experts argue that the country must embrace stablecoins sooner rather than later.
Warning that failure to act could leave it lagging behind its regional peers in the next phase of monetary innovation. Stablecoins—cryptocurrencies pegged to traditional currencies like the U.S. dollar—offer the potential to reduce transaction costs, accelerate cross-border payments, and increase access to the financial system for individuals and businesses that have long been underserved.
Adopting a regulatory framework that recognizes and integrates stablecoins could transform Bolivia’s financial infrastructure. For instance, remittance flows, which are a lifeline for many families in the country. Currently face fees of up to 10% through traditional channels. With stablecoins, these costs could fall to under 1%, freeing up millions of dollars in additional household income each year. Beyond remittances, stablecoins could also encourage financial inclusion by offering a more stable, accessible form of digital money compared to volatile cryptocurrencies, while at the same time modernizing commerce, government payments, and international trade.
Clever Robot News Desk 25th September 2025
