1 天前
VENEZUELA TURNS TO STABLECOINS AMID ESCALATING SANCTIONS AND WAR THREATS
Facing mounting sanctions and geopolitical tension, Venezuela is rapidly increasing its use of dollar-pegged stablecoins as part of a broader shift toward digital assets.
Analysts suggest the move could mark crypto’s emergence as the nation’s final financial lifeline amid growing isolation from global banking systems.
Source: @Cointelegraph
2025/10/06
VENEZUELA TURNS TO USDT AS INFLATION SOARS 229%
Amid hyperinflation, Venezuelan merchants are now pegging prices to Binance P2P dollar rates, effectively adopting USDT as the nation’s de facto currency.
A real-world case of stablecoin dominance where crypto steps in to replace failing fiat systems.
Source: @Cointelegraph
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