EconomyEl Salvador turns to dollar-backed stablecoins after Bitcoin experiment falls short
El Salvador was the first country to make Bitcoin legal tender. Five years later, the experiment has done little to make cryptocurrency a mainstream payment method, prompting President Nayib Bukele to turn to dollar-backed stablecoins.
B
Bloomberg News★★★☆☆2026-09-29 11:56Original
El Salvador turns to dollar-backed stablecoins after Bitcoin experiment falls short