Exclusive: Protests sweep Nepal, Nepal turns to Bitcoin and stablecoins
Source: CoinWorld
Time: 2025-09-12 18:18:05
Against the backdrop of political unrest and internet paralysis in Nepal, people are still turning to cryptocurrencies despite state bans. Currently, more than 1.4 million Nepali hold crypto assets and use USDT to remit money and buy essentials as banking services become unreliable. Protesters adopted peer-to-peer trading and decentralized exchanges, highlighting the role of cryptocurrencies as the lifeline of finance during times of turmoil.