# Bitcoin and USDT command modest premiums in Paraguay amid banking crisis

https://mins.news/en/item/133243

- CryptoSlate, 2026-11-06 23:20 UTC
- Economy
- Original: https://cryptoslate.com/bitcoin-and-usdt-attract-modest-premiums-in-paraguay-as-millions-face-banking-crisis/

> Bitcoin and USDT have traded at premiums in Paraguay’s peer-to-peer markets as a banking collapse unsettles the country’s financial system. The turmoil has coincided with a 10% rise in the dollar against the guaraní, increased public interest in Bitcoin and crypto executives calling for alternatives to traditional banking.

## Related coverage

- [Why is Paraguay facing a banking and political crisis?](https://mins.news/en/video/132852) — Al Jazeera English, 2026-11-06
- [Ueno Bank collapse triggers political earthquake for Paraguay’s Santiago Peña](https://mins.news/en/item/131104) — euronews, 2026-11-05
- [Paraguay bank crisis prompts lawmakers to push for president’s impeachment](https://mins.news/en/item/129807) — Reuters, 2026-11-04