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Tether CEO Calls USDT Surge in Paraguay a Flight to Safety Above 6,000 Guaraníes

COINOTAG·November 5, 2026·1 min read
Tether CEO Calls USDT Surge in Paraguay a Flight to Safety Above 6,000 Guaraníes

Tether CEO Paolo Ardoino called surging USDT demand in Paraguay a flight to safety after the token topped 6,000 guaraníes amid Ueno Bank's collapse. The stablecoin's rise reflects investors seeking refuge from local banking instability, with USDT trading at a premium in the country.

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