Binance's P2P operations grew 38% in 2025 and are consolidating as the main gateway to digital dollars in Bolivia.

In 2025, the volume of fiat and P2P transactions on Binance increased by 38%, according to the exchange's annual report. This growth reflects strong demand in emerging markets, where currency restrictions drive the use of stablecoins.
In Latin America, the total volume of crypto reached 730 billion dollars, 60% more than the previous year. In Bolivia, P2P transactions with USDT/BOB are particularly relevant: thousands of users and businesses convert bolivianos to USDT through local banks (Banco Económico, Banco Unión, Banco Nacional) to pay for imports, remittances, or to protect themselves from the shortage of dollars.
The platform facilitates over 800 payment methods and operates with secure escrow, allowing for fast transactions without traditional banking intermediaries. In La Paz and Santa Cruz, P2P has become the “parallel banking” for small businesses.
For 2026, a further increase of at least 40% in P2P volumes is expected, driven by the adoption of stablecoins and integration with QR payments.

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