Markets

USDT Trades at 13% Premium in Paraguay After Major Exchange Ueno Closes

November 5, 2026, 10:59 AM UTC (3 hours ago) · 1 source · Summarized by CryptoBipto

Following the closure of Ueno, a major cryptocurrency exchange in Paraguay, over-the-counter offers for USDT (Tether) are reportedly showing a 13% premium above the standard dollar peg. The premium suggests reduced access to stablecoins in the country, driving up prices in informal markets.

WHY IT MATTERS

USDT (Tether) is a stablecoin, meaning it is designed to always be worth one US dollar.

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SOURCES

thedefiant.io

USDTStablecoinsExchange ClosuresEmerging MarketsUSDT Premium

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What are stablecoins, NFTs and tokenized assets?What stablecoins are and how they hold a steady value, what an NFT represents, and what it means to tokenize a real-world asset.