Ordering dinner with a stablecoin sounds like something from a crypto conference pitch deck. In Bolivia, it’s now just Tuesday night. Peso, a Bolivian fintech startup co-founded by Alejandro Terán, has integrated its payment services with Yango Food, a global food delivery platform. The result: users in Bolivia can order meals through Yango Food and settle the bill in USDT, Tether’s dollar-pegged stablecoin, via the Peso app. How the integration works Peso positions itself as a bridge between digital dollar balances and local commerce. The app lets users hold USD balances and spend them using familiar payment rails like QR codes and local cards. No traditional bank account required. Yango Food, part of the broader Yango ecosystem of services, has been expanding its food delivery operations across several countries, including Bolivia where it operates in cities like Santa Cruz. By plugging into Peso’s infrastructure, the platform can now accept USDT-denominated payments without requiring merchants or customers to navigate the complexity of crypto wallets and blockchain transactions directly. Why Bolivia, why now Bolivia has been grappling with persistent dollar liquidity constraints...
Peso integrates with Yango Food to enable USDT payments for food delivery in Bolivia
1 month ago
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