Bitcoin and USDT attract modest premiums in Paraguay as millions face banking crisis

Cryptocurrency trading in Paraguay showed premiums for Bitcoin and USDT in peer-to-peer markets as a banking collapse unsettled the country’s financial system. The turmoil coincided with a 10% surge in the dollar against the Paraguayan guaraní, growing public interest in Bitcoin, and calls from crypto executives for alternatives to traditional banking. A premium means Bitcoin and USDT were priced higher in those direct-trading markets. CriptoNoticias tracks the Paraguayan market data.