# Deposit Access Risk in Emerging Markets

Bank failures driven by related-party lending in smaller economies will keep freezing household access to money, pushing savers toward dollar stablecoins and offshore accounts and raising the political cost of weak bank supervision.

- Conviction: 36 / 100 (weakening)
- Horizon: Emerging (watchlist)
- Tracking since: 2026-11-06T00:00:00.000Z
- Last updated: 2026-11-12T14:14:59.541Z
- Canonical: https://polylog.news/crypto/trends/emerging-market-deposit-access-risk
- Publisher: Polylog
- Affected regions: India, Latin America, Africa

## Recent score history

- 2026-11-11: 38
- 2026-11-12: 36

## Recent evidence

- [confirms] Paraguay's Ueno Bank collapse pushes savers to pay premiums for USDT and bitcoin, while Samsung widens USDC access on 82 million US phones (2026-11-07): Ueno Bank's collapse pushed Paraguayan savers to pay premiums for USDT and bitcoin as the dollar rose about 10% against the guaraní, and President Santiago Peña was impeached minutes after resigning. The thesis's full chain is visible here: frozen deposits, flight to stablecoins and a political cost.
- [confirms] Paraguay's president offers to resign after the central bank seizes Ueno Bank and freezes nearly 3 million customers' accounts (2026-11-06): Paraguay's central bank seized Ueno Bank and froze nearly 3 million customers' accounts over loans to companies in the bank's own group. Prosecutors have charged 27 people and opened three cases against President Santiago Peña, who offered to resign. This is a clear case of related-party lending cutting household access to money and carrying a heavy political cost.