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Oobit: USDT Visa Spends Live in Bolivia | Flash News Detail | Blockchain.News
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6/1/2026 3:41:00 PM

Oobit: USDT Visa Spends Live in Bolivia

Oobit: USDT Visa Spends Live in Bolivia

Oobit enables USDT spending anywhere Visa is accepted in Bolivia after 630% volume surge following crypto ban lift.

Source

Analysis

Oobit activated full USDT spending in Bolivia on June 1, 2026, routing payments through existing Visa rails after the country lifted its crypto restrictions. Volume in USDT jumped 630 percent once infrastructure barriers disappeared, confirming local holders already possessed the stablecoin but lacked merchant access. The rollout lets Bolivians convert holdings at point of sale without new wallets or apps, directly addressing the prior infrastructure gap that had stalled adoption despite strong underlying demand.


Paolo Ardoino

@paoloardoino

Paolo Ardoino is the CEO of Tether (issuer of USDT), CTO of Bitfinex,