When I was in Bolivia at this exact same duty-free shop, I asked how to pay with USDT, and I was told I could only pay in cash or Zelle.
I was wondering why they listed the prices in USDT if they didn't accept stablecoins. I figured it was that they couldn't figure out merchant acceptance...
I realize now that it's a function of Bolivia's parallel economy, where there is the official rate - fixed at 6.96 Bolivianos to $1 - and the "real" market rate, which at the time of my trip was around 13 to 1.
This duty-free shop is using the real market rate, which uses the USDT-Bolivianos rate on Binance as the reference price.
If you go to exchange cash in the informal market in Bolivia, you'll get this same rate.
The duty-free shop is using the real market rate, where they'll get 2x as many Bolivianos as if they use the official rate.
But as a result, they *have* to say that the price is a digital asset price (even though they don't actually accept digital assets).
I took a video of my interaction with the store employees, in the post below ⬇️
In Bolivia, real prices in shops are displayed in USD₮.
A quietly revolutionary shift: digital dollars are powering daily life, commerce, and economic stability.