Banco BISA has taken an important step in the adoption of advanced financial technology, by announcing the administration and custody service of USDT, one of the most recognized stablecoins worldwide. With this measure, the bank provides an additional alternative in its vast range of financial services
“Our goal is to offer an innovative and reliable alternative to traditional transaction methods,” explained Franco Urquidi, Vice President of Business at Banco BISA. “With the addition of USDT, we offer our customers a secure alternative, offering stability in an ever-changing global market.
USDT is a “stablecoin” linked to the US dollar, which makes it a suitable solution that allows you to carry out financial transactions such as transfers abroad or use the custody service of an account created and managed together with a globally recognized entity to manage cryptocurrencies.
Efficiency and security through blockchain technology
Banco BISA’s use of USDT is also intended to facilitate transaction processing. By operating on blockchain technology, transactions are highly secure and allows the Bank’s clients to carry out their operations with the confidence that they are backed by an entity with a great track record and solvency. It is important to mention that a strategic alliance was established with the most important company in the world in the custody of crypto assets, to provide this service in the Bolivian market.
“The adoption of USDT is another innovation of the Bank for the benefit of our clients with the adoption of the latest global trends in digital finance,” Urquidi added. “We want our customers to have a new alternative to carry out their transactions safely. Customers interested in this innovative service can register on our platform to open their custody account from October 28, 2024 and enjoy the benefits of USDT transactions. ”Impact on Banco BISA operations
This innovative service will benefit clients, whether individuals or companies, who need to make transfers abroad or who are looking for an alternative to working with a cryptocurrency.
With this initiative, Banco BISA reaffirms its commitment to innovation and its leadership in the adoption of technologies that transform the Bolivian financial sector. By incorporating USDT, the bank provides its clients with a modern solution aligned with the latest global trends in cryptocurrencies and digital finance.
