Bitcoin and USDT have commanded premiums in Paraguay's peer-to-peer markets during a banking collapse affecting nearly 3 million Ueno Bank customers. CriptoNoticias data put Bitcoin's indicative buying price on November 6 at 498 million guaranis, roughly 1.7% above the international price. Paraguay's central bank began resolution proceedings against Ueno Bank on November 2 after finding that the bank's solvency ratio was below half the statutory minimum. Crypto executives have promoted Bitcoin as an alternative to conventional banking, but sustained adoption remains uncertain. The central bank has begun deposit-guarantee payments, initially covering eligible customers with holdings of up to 10 million guaranis.