Thursday, November 5, 2026 News updated 18+ Gamble responsibly. Get help Write Sign in
Stake NewsToday

An independent desk covering Stake, the US casino market and crypto.

Crypto Today

Ueno Bank USDT premium hits 13% in selected listings after closure

Ueno Bank USDT premium hits 13% in selected listings after closure

Photo: The Cryptonomist

Some USDT sellers in Paraguay are asking about 13% above the official dollar reference rate following Ueno Bank’s closure. The USDT premium appears in Bybit ’s peer-to-peer listings as millions of bank customers face frozen operations—but the advertised prices vary sharply and do not establish a nationwide exchange rate. Key takeaways Selected Bybit USDT offers carry a 13% premium over Paraguay’s dollar benchmark. Ueno reported 2.94 million customers before its operations were frozen. Deposit-guarantee advances cover up to 40 minimum monthly wages, minus overdue Ueno debts.

Source: The Cryptonomist

Latest in Crypto Today

All Crypto Today stories