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Paraguay USDT trades at 13% premium after Ueno closure as central bank readies payouts

Paraguay USDT trades at 13% premium after Ueno closure as central bank readies payouts
AI summary

Paraguay's USDT market is showing a 13% premium after the closure of local exchange Ueno, with Bybit listings revealing a sharp gap between buying and selling prices for the stablecoin. The country's central bank is preparing deposit-guarantee payments for Ueno savers. Traders should watch for stablecoin dislocation and regional liquidity stress, as a double-digit premium signals capital controls or constrained access to dollar-pegged assets.

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