Bolivia to Adopt Stablecoins as Legal Tender in Banking System
Bolivia’s government announced it will integrate stablecoins into the national banking system, Economy Minister José Gabriel Espinoza said on Nov. 28, 2025. The policy aims to modernize payments and expand digital financial services by allowing banks to offer accounts and transactions denominated in algorithmic or fiat-backed stablecoins, effectively folding an alternative crypto rails into regulated finance.
Officials say the change could lower remittance costs, speed cross-border transfers and promote financial inclusion, but it will require a new regulatory and supervisory framework to manage custody, AML controls and monetary stability. Markets and banks will watch implementation details closely: success depends on clear oversight, interoperability with existing clearing systems and safeguards against volatility and fraud even as Bolivia positions itself among early adopters of integrated crypto-banking models.