Paraguay bank failure drives surge in stablecoin demand
The collapse of Ueno Bank left millions of Paraguayans without access to funds, prompting a sharp rise in USDt and USDC usage as a liquidity lifeline.
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Ueno Bank: latest news and analysis
COINMAG stories about Ueno Bank, newest first, with key facts and answers to common questions.
Latest on Ueno Bank
Naomi JohnsonParaguayan President Santiago Peña Resigns Amid Ueno Bank Collapse
President Santiago Peña stepped down as Paraguay grapples with the fallout from digital lender Ueno Bank's failure, which left millions of customers unable to access their funds.
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Paraguayan Bybit USDT Listings Trade at 13% Premium After Ueno Bank Resolution
Following the central bank's resolution of Ueno Bank, Bybit peer‑to‑peer sellers in Paraguay are pricing USDT about 13% above the official dollar reference.
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