{"id":686744,"date":"2026-11-11T13:52:51","date_gmt":"2026-11-11T13:52:51","guid":{"rendered":"https:\/\/e-bitco.in\/index.php\/2026\/11\/11\/paraguay-bank-collapse-shows-stablecoins-can-offer-a-lifeline-of-sorts\/"},"modified":"2026-11-11T13:52:51","modified_gmt":"2026-11-11T13:52:51","slug":"paraguay-bank-collapse-shows-stablecoins-can-offer-a-lifeline-of-sorts","status":"publish","type":"post","link":"https:\/\/e-bitco.in\/index.php\/2026\/11\/11\/paraguay-bank-collapse-shows-stablecoins-can-offer-a-lifeline-of-sorts\/","title":{"rendered":"Paraguay bank collapse shows stablecoins can offer a lifeline… of sorts"},"content":{"rendered":"

\"Paraguay<\/p>\n

Ueno\u2019s collapse exposed the fragility of digital banking in Paraguay, as customers scrambled for access to their money and stablecoins offered a lifeline.<\/p>\n

The collapse of Paraguay\u2019s digital lender Ueno Bank last week left nearly three million customers \u2014 roughly 60% of Paraguay\u2019s adults \u2014 unable to access their accounts. <\/p>\n

Paraguay\u2019s Central Bank placed<\/a> Ueno into resolution on Nov. 3 after its solvency ratio fell below half the legally required minimum. An investigation uncovered questionable lending practices and deficiencies in credit documentation and accounting.<\/p>\n

The collapse also triggered a political crisis, with thousands taking to the streets to protest and President Santiago Pe\u00f1a attempting to resign<\/a> before being impeached<\/a> and arrested on charges of breach of trust and using his office for personal gain.<\/p>\n

Read more<\/a><\/p>","protected":false},"excerpt":{"rendered":"

Ueno\u2019s collapse exposed the fragility of digital banking in Paraguay, as customers scrambled for access to their money and stablecoins offered a lifeline. The collapse of Paraguay\u2019s digital lender Ueno Bank last week left nearly three million customers \u2014 roughly 60% of Paraguay\u2019s adults \u2014 unable to access their accounts. Paraguay\u2019s Central Bank placed Ueno […]<\/p>\n","protected":false},"author":1,"featured_media":686745,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[12],"tags":[],"class_list":{"0":"post-686744","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-blockchain"},"_links":{"self":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/686744","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/comments?post=686744"}],"version-history":[{"count":0,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/posts\/686744\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media\/686745"}],"wp:attachment":[{"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/media?parent=686744"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/categories?post=686744"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/e-bitco.in\/index.php\/wp-json\/wp\/v2\/tags?post=686744"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}