#venezuela
Latest cryptocurrency news and articles about venezuela. Stay updated with developments, analysis, and insights.
Machado’s Nobel Peace Prize Win Highlights Bitcoin’s Role in Venezuela As Citizens Turn To Cryptocurrencies
Venezuela’s Maria Corina Machado has emerged as the recipient of the Nobel Peace Prize, but her stance as a Bitcoiner has sparked enthusiasm among crypto fans....
Latam Insights: Venezuela Embraces USDT, OranjeBTC Rises in Brazil
Welcome to Latam Insights, a compilation of the most relevant crypto news from Latin America over the past week. In this week’s edition: Venezuela moves its internal disbursements to USDT, OranjeBTC s...
Analyst: Venezuela Moves Disbursements to USDT Amid Dollar Drought
According to local reports, Venezuela liquidated larger volumes in USDT than in dollars in September, executing a notable pivot toward stablecoins. This could be one of the first cases of a government...
Economist: USDT Leveraged to Settle Crude Oil Sales in Venezuela
The Venezuelan government is using USDT to receive payments for crude shipments, according to local sources. The move prevents a blockade of crude payments, allowing the Venezuelan government to suppl...
Venezuelan exchanges turn to dollar stablecoins as U.S. restrictions squeeze economy
Venezuela is turning to dollar-pegged cryptocurrencies to shore up its foreign exchange market as US sanctions choke oil revenues and reduce the availability of hard currency. The government has quiet...
Latam Insights Encore: Venezuela Shows the Power of Stablecoins
Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. In this edition, we examine how stablecoins have become a tool for preserv...
Stablecoin Usage Ramps up in Venezuela Amid Rampant Devaluation
Stablecoin adoption has grown in Venezuela as the government tightens controls to impose the official dollar exchange rate on businesses, which is much lower than the value of dollar-pegged tokens in ...