Published Sep 29, 2026, 6:00 AM ET · Updated a month ago · 2 sources

Bukele Turns to Stablecoins as Bitcoin Payments Fail to Catch On

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bloomberg
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Original Report

Five years after El Salvador made Bitcoin legal tender in a bid to reinvent how money moves through the economy, the government is turning to a different crypto technology for the job: dollar-backed stablecoins.