According to ChainCatcher, Edwin Rojas Ulo, president of the Central Bank of Bolivia, mentioned the recent change in the institution's position on cryptocurrencies and stablecoins. Rojas Ulo said he believes that adding cryptocurrencies to the national financial system could be a beneficial alternative, and that stablecoins pegged to the U.S. dollar, such as USDT, bring different advantages to users who cannot access the U.S. dollar.

Rojas Ulo said that using stablecoins "is like doing North American currency transactions, although what people do is use these digital assets to operate."