Haven't seen the following discussed here:
"The government of Bolivia today rugged everyone holding dollars in their bank accounts and is telling people they will get the commensurate amount in the local currency, bolivianos - which is redeemable back to USD for 50% less."

Tricks with polynomials and Riemann-Roch spaces. Breaking into the platonic realm to pillage forbidden abstractions. Starknet grantee.

What we do know is true and verified is the following:

- The country is going through an economic crisis that makes it impossible to import fuel to cover internal demand.

- On Monday, the gov passed the Supreme Decree 5348, which allows YPFB to obtain USD from Banco Unión's customers (both private customers and public actors) and then use them to import fuel.

- Those dollars belong to private savers, since the Central Bank of Bolivia has already used the dollars that private banks had deposited for the mandatory legal reserve requirement.

- The official exchanges rate is 6.85 BOB per dollar, whilst on P2P markets the BOB is trading at 12.5 BOB per dollar.

Self custody stablecoin adoption can't come soon enough in some regions