Tether has led a pre-seed funding round in Bolivian fintech Peso, which offers USDT payments through food delivery apps and local banking networks. The investment will support Peso's expansion into Brazil, Colombia and Argentina, where it will link USDT with local currencies through banking and merchant payment systems. Peso already integrates USDT payments into Yango's food delivery service in Bolivia and offers QR payments, merchant point-of-sale services and virtual accounts tied to Bolivia's banking system. Tether did not disclose the size of the investment. The move comes as Bolivia faces a prolonged US dollar shortage and high inflation, and the government is considering a framework that would recognise USDT alongside the boliviano and the US dollar.
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Related tickers and likely impact
BTC/USDT
• NeutralBitcoin
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $1.6T |
| Close on 10/20/2026 | 83,028.15 |
| Change that session | +1.33% |
ETH/USDT
• NeutralEthereum
Relevance: low
| Market | Crypto |
|---|---|
| Exchange | Binance |
| Sector | Layer 1 |
| Market cap | $294.2B |
| Close on 10/20/2026 | 2,449.20 |
| Change that session | +1.71% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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