Inflation in Bolivia has hit 25%, and dollars are scarce, pushing people toward cryptocurrencies

Description

Bolivia is in the middle of a money crisis, and the boliviano is no longer the safe bet it once was. Inflation has blown up to 25%, the highest in 34 years. Dollars are almost impossible to get. Trust in the government is hanging by a thread. So people are moving fast into cryptocurrencies, as a way to keep their businesses running and their savings from shrinking. At El Alto International Airport, a shop sells candy and sunglasses in USDT , a stablecoin tied to the dollar. A top university send...