Retailers across Bolivia are now quoting prices in Tether’s USDT stablecoin for everyday goods like chocolates, sunglasses, and snacks, according to Tether CTO Paolo Ardoino.

The shift reflects growing reliance on stable digital currency as Bolivians seek protection against volatility in the boliviano, with USDT providing a more predictable value for both consumers and merchants.

Ardoino highlighted that using digital dollars at the point of sale offers practical advantages for everyday shoppers, and analysts suggest this could serve as a model for other countries facing currency instability.

This development builds on earlier steps toward crypto integration in Bolivia—most notably, the launch of USDT custody services by Banco Bisa in October 2024, under the oversight of the country’s financial regulator.

Tokyo-based Metaplanet has unveiled plans to significantly boost its Bitcoin reserves, targeting the acquisition of 100,000 BTC by the end of 2026—up from its previous goal of 21,000 BTC. The announcement, shared via X on June 6, follows a recent purchase increasing its holdings to 8,888 BTC and signals a bold move to expand its crypto presence .

The firm intends to buy at least an additional 91,112 BTC over the next 18 months. CEO Simon Gerovich emphasized that this accelerated acquisition is a deliberate response to global financial shifts, including geopolitical tensions, excessive sovereign debt, and growing doubts over traditional safe-haven assets like bonds and gold.

To fund this plan, Metaplanet will issue up to 555 million new shares via stock acquisition rights, supplementing its existing 210 million-share program. The issuance is expected to raise around ¥770.3 billion (approximately $5.32 billion) at an initial strike price of ¥1,388 per share.

Looking ahead, the company aims to hold over 210,000 BTC by the end of 2027—roughly 1% of Bitcoin’s fixed supply cap. This ambitious growth trajectory cements Metaplanet’s status as Asia’s leading corporate Bitcoin holder—a strategy that echoes the approach taken by U.S. firm MicroStrategy.

As Metaplanet positions itself for further expansion, its aggressive accumulation strategy and large-scale capital raising mark a transformative shift in how non-financial firms are using corporate treasury to gain exposure to cryptocurrencies.

Coinbase announced it has cut back on unnecessary account freezes by 82%, following extensive user complaints about prolonged access limitations. CEO Brian Armstrong acknowledged this issue on June 6 via a post on X, describing account freezes as “a major issue” that had been tolerated for “longer than is acceptable.” He confirmed the problem is now being prioritized and urged affected users to contact Coinbase Support.

The improvement follows sustained frustration among users who reported being locked out of their accounts—sometimes for weeks or months—without clear explanations or timely support. Armstrong credited the swift progress to the recent hiring of product expert Dor Levi, whose team revamped Coinbase’s machine learning systems to minimize false positives in fraud detection.

Despite reducing “false positives,” both Armstrong and Levi cautioned that certain freezes will still occur in cases involving legal requirements or fraud prevention. Levi admitted the current level of support still “doesn’t meet [his] own bar” and pledged to continue refining the process. Meanwhile, user sentiment remains divided, as many continue to report lingering issues and slow customer service.