Politics
Paraguay President Peña Resigns as Guaraní Slides 4% on Ueno Bank Collapse
COINOTAG·November 5, 2026·1 min read
Paraguay's President Santiago Peña resigned as the guaraní fell 4% following the Ueno Bank collapse, which erased a 13% USDT premium. Payouts are scheduled for November 17. The resignation and currency drop signal financial instability, impacting the local crypto market's stablecoin demand.
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