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In land of 25% inflation, crypto is starting to replace money

In Bolivia the buying power of the boliviano has cratered, and inflation hits three-decade highs and dollars are in short supply. Digital payments have skyrocketed more than fivefold to nearly $300 million in the first six months of 2025, after a decade-long ban was lifted a little more than a year ago.

“Among importers, crypto use is high.”

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crypto, bolivia