币界网报道：Bolivia is experiencing a significant surge in cryptocurrency adoption, with crypto payments reaching record highs despite the country's ban on digital assets. The Central Bank of Bolivia (BCB) prohibited financial institutions from dealing with cryptocurrencies in 2020, citing risks to monetary stability. However, peer-to-peer (P2P) trading platforms like LocalBitcoins and Paxful have seen growing activity, allowing Bolivians to bypass restrictions. According to blockchain analytics firm Chainalysis, Bolivia ranks among the top countries in Latin America for crypto adoption, driven by economic instability, inflation, and limited access to traditional banking. Many citizens are turning to Bitcoin and stablecoins like USDT to preserve savings and facilitate cross-border transactions. Informal crypto trading occurs through social media groups and messaging apps, with vendors accepting digital currencies for goods and services. The government has intensified crackdowns, warning against crypto scams, but enforcement remains challenging due to decentralized trading methods. Experts suggest Bolivia's strict capital controls and weakening national currency, the boliviano, are accelerating crypto use. While regulators maintain their anti-crypto stance, grassroots adoption continues rising as citizens seek financial alternatives amid economic uncertainty. The trend mirrors broader Latin American patterns, where countries like Argentina and Venezuela also see high crypto usage despite regulatory hurdles.