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Bitcoin and USDT Trade at Premiums in Paraguay Amid Banking Crisis

(2 hours ago) · 1 source · Summarized by CryptoBipto

Reports indicate that Bitcoin and USDT are attracting modest premiums in Paraguay as millions of people face difficulties accessing traditional banking services. The banking crisis has reportedly driven some Paraguayans to seek alternatives in cryptocurrency markets, where prices have risen above global averages.

WHY IT MATTERS

When banks in a country stop working properly, people may struggle to access their own money.

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SOURCES

  • cryptoslate.com

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