PANews reported on October 28 that according to Bitcoin.com, Bisa Bank, Bolivia's fourth largest banking institution, recently launched a series of stablecoin products, allowing customers to use its services to buy, sell and hold USDT. Yvette Espinoza, chairman of ASFI, the country's banking regulator, supports the launch of this product. She believes that the introduction of USDT stablecoins as a substitute for the US dollar on the bank platform provides users with another option to ensure security and trust when managing this asset. Bisa Bank will charge a fee of $5 to $15 for daily purchases of 200 to 10,000 USDT of stablecoins, and set the fee for transferring USDT to international accounts at about $40.
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