Tether led a pre-seed funding round in Bolivian fintech Peso, which offers USDT payments through food delivery apps and local banking networks, with the investment size undisclosed. The funds will support Peso's expansion across Bolivia, Brazil, Colombia and Argentina, and the company has already integrated USDT into Yango's food delivery service in Bolivia while offering QR payments, merchant point-of-sale services and virtual accounts linked to the banking system via ACH. The move comes as Bolivia faces a prolonged US dollar shortage and high inflation, and the government began considering in July 2026 a framework that would recognize USDT for payments, savings and trade alongside the boliviano and US dollar. Lending platform Tala also partnered with El Dorado to offer USDT loans through its digital wallet.
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