Paraguay’s central bank initiated resolution proceedings against Ueno Bank after its solvency ratio fell below 50% of the regulatory minimum, affecting 2.94 million customers and prompting some Bybit sellers to price USDT at a 13% premium to the official dollar rate. On Thursday, November 5, 2026, the guaraní lost 4% against the dollar as President Santiago Peña resigned over the collapse of Ueno Bank, a digital lender used by more than 60% of the country’s adults. The local USDT rate rose from 5,692 guaraníes on October 15 to slightly more than 6,000 on November 4, while the interbank dollar rate reached about 6,060 guaraníes.