# Paraguay bank collapse shows stablecoins can offer a lifeline... of sorts

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1 outlet covering · First listed: Cointelegraph, Nov 11, 2026, 7:30 AM · Read it: <https://cointelegraph.com/magazine/paraguay-bank-collapse-shows-stablecoins-can-offer-a-lifeline-of-sorts>

Ueno’s collapse exposed the fragility of digital banking in Paraguay, as customers scrambled for access to their money and stablecoins offered a lifeline.

## Who's covering it

In the order they published:

- Nov 11, 2026, 7:30 AM: [Paraguay bank collapse shows stablecoins can offer a lifeline... of sorts](<https://cointelegraph.com/magazine/paraguay-bank-collapse-shows-stablecoins-can-offer-a-lifeline-of-sorts>) — Cointelegraph (Specialist)
  Ueno’s collapse exposed the fragility of digital banking in Paraguay, as customers scrambled for access to their money and stablecoins offered a lifeline.