Stablecoin News

Large Car Brands Accept Tether In Bolivia: BYD, Toyota and Yahama

Ron Kotli

Sep 22, 2025

Large Car Brands Accept Tether In Bolivia: BYD, Toyota and Yahama. Photo By Florian Delée On Unsplash.

Large Car Brands Accept Tether In Bolivia: BYD, Toyota and Yahama. Photo By Florian Delée On Unsplash.

Large car brands such as BYD, Toyota and Yamaha are starting to accept $USDT across as official currency in Bolivia, according to Paolo Ardoino's post on X.

The CEO of world's largest stablecoin expressed:

This is an attempt to preserve the value of the products originally marked in the Bolivian Boliviano, following challenges with domestic gas production, fx reserves, as well as new presidential elections.

More and more companies are choosing to price their items in a more stable digital currency with better liquidity, with Tether's $USDT leading the emerging markets category as the choice over other stablecoins.

Bolivia's 2024 data included a $9,844 value of Purchasing Power Parity in relation to GDP, which ranked the country well below average ($27,291) at 118th position worldwide. Also, the IMF (International Monetary Fund) estimates a 16.77% inflation forecast for 2026.

Note: This is intended for informational purposes only and does not in any way constitute or solicit financial, professional, or legal advice. Readers should conduct due diligence at all times.

This article has been partly researched and aggregated with the help of AI and does not pertain to be an exclusive story. For specific media and public information referenced, please find it below.

https://x.com/paoloardoino/status/1969648951335797194

https://www.bbc.co.uk/news/articles/c62nn665g32o

https://www.theglobaleconomy.com/Bolivia/gdp_per_capita_ppp/

https://www.theglobaleconomy.com/Bolivia/inflation_outlook_imf/