I Went to Bolivia Where Businesses Survive on Stablecoins

I Went to Bolivia Where Businesses Survive on Stablecoins

From The Flip by The Flip Media

December 2, 2025 · 12 min · Season 9

About this episode

The episode explores how businesses in Bolivia are using stablecoins to survive amidst a severe economic crisis and a shortage of dollars.

Bolivia is facing a severe economic crisis. The country is literally running out of dollars. Their foreign reserves have collapsed from $15 billion a decade ago to just $50 million today. In June 2024, Bolivia legalized cryptocurrencies, and digital asset transaction volume exploded - growing over 500 percent in the past year. To participate in the global economy, businesses are turning to stablecoins for access to dollar assets. From Binance peer-to-peer trading to stablecoin-powered credit cards, we explore how people survive when their country runs out of dollars, and how stablecoins are being used for global spending. Watch the full episode on YouTube. 00:00 - Bolivia ran out of dollars 02:06 - Stablecoins to the rescue 03:25 - How did Bolivia get here? 04:11 - Bolivia's parallel economy 06:24 - Meru 09:55 - What happens when a country runs out of dollars Our Links - 🎥 YouTube - https://youtube.com/@thefliphq 🐦 Twitter - https://twitter.com/thefliphq 👥 LinkedIn - https://www.linkedin.com/company/thefliphq/ 📸 Instagram - https://instagram.com/thefliphq 💻 Website - https://theflip.africa

Topics covered

  • economic crisis
  • stablecoins
  • cryptocurrencies
  • global economy
  • digital assets

Keywords

  • Bolivia
  • stablecoins
  • cryptocurrencies
  • economic crisis
  • digital assets
  • global spending
  • Binance

Mentioned in this episode

Organizations: Binance

Places: Bolivia

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