Bisa Bank becomes the first bank in Bolivia to offer USDT trading services

ChainCatcher news, according to Bitcoin.com News, Bolivia's fourth-largest bank, Bisa Bank, has announced the launch of a stablecoin service package, becoming the first bank in the country to offer USDT trading services. The bank allows customers to buy and sell within a daily trading limit of 200 to 10,000 USDT, with fees ranging from 5 to 15 USD, and international transfer fees of about 40 USD.

Yvette Espinoza, the president of Bolivia's banking regulatory authority ASFI, expressed support for this, believing that the service will provide users with a secure and reliable asset management solution. Franco Urquidi, the bank's vice president of business, emphasized that all transactions must be conducted through the bank's accounts, and customers must complete a strict identity verification process.