Bolivia El Salvador Crypto Pact Boosts Digital Asset Adoption WeWake Presale Gains Momentum

Bolivia has entered a strategic partnership with El Salvador to advance the use of cryptocurrencies as part of its broader economic strategy. The agreement, signed by the Central Bank of Bolivia and El Salvador’s National Commission of Digital Assets, aims to integrate El Salvador’s experience in digital currency—where Bitcoin became legal tender in 2021—into Bolivia’s growing crypto landscape [1]. The collaboration focuses on policy development and the use of crypto-related technologies, positioning the two countries to expand access to digital assets [1].

This move follows Bolivia’s decision in June 2024 to lift a long-standing ban on cryptocurrency, allowing banks to process Bitcoin and stablecoin transactions. According to the Central Bank of Bolivia, digital assets could serve as a “viable and reliable alternative” to traditional currencies, a shift aimed at addressing ongoing economic challenges, including severe dollar shortages. The change has already led to a significant rise in crypto trading volume, which reached $46.8 million in the first three months and grew to $294 million by mid-2025 [1]. Additionally, retail businesses have begun using stablecoins like Tether to price goods, indicating increasing adoption within the local economy [1].

The partnership with El Salvador is set against the backdrop of Bolivia’s general election, scheduled for August 17, 2025. If no candidate secures an outright majority, a runoff will follow on October 19. The election outcome could influence how rapidly the country pushes forward with its crypto policies [1].

Simultaneously, the launch of a new presale crypto project called WeWake is drawing attention for its innovative approach to blockchain onboarding. WeWake’s technology enables users to access the blockchain using a Google or Telegram login, eliminating the need for traditional wallet setups or gas fees [1]. The project has released a whitepaper detailing its infrastructure, which includes zk-rollup Layer 2 technology, ERC-4337 smart wallets, and a built-in Paymaster system to cover transaction fees. These features aim to reduce technical barriers for both individual users and developers [1].

WeWake’s development roadmap includes a Testnet launch in Q4 2025 and a Mainnet release in Q2 2026. Key features such as gasless transactions, instant swaps, and social login smart wallets are expected to be introduced in these phases [1]. By Q3 2026, the project plans to list its native token on both centralized and decentralized exchanges [1].

The WAKE token has a total supply of 308,726,951 tokens, with 32% allocated for the presale, 14% for ecosystem incentives, and 12% for governance and treasury functions. Token utility includes staking, cashback rewards, and governance participation, while the Paymaster system will cover transaction costs for supported dApps, enhancing accessibility for end users and businesses [1].

The presale has attracted early interest, with participants drawn to the project’s clear roadmap and walletless onboarding model. As Bolivia and El Salvador collaborate to promote digital asset adoption, WeWake’s presale crypto aligns with the growing demand for user-friendly and scalable blockchain solutions [1].

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[1] Bolivia Teams With El Salvador for Crypto Adoption as WeWake New Presale Crypto Sparks Demand (https://coindoo.com/bolivia-teams-with-el-salvador-for-crypto-adoption-as-wewake-new-presale-crypto-sparks-demand/)