Liquidity grew 50% in 2026, a latent pressure despite the temporary drop in USDT. They project inflation of more than 600% due to the accelerated printing of money. The Venezuelan economy seems to have entered a phase of contradictions that defies the logic of the common citizen. While the cost of living maintains its upward … Read more
In it episode twenty-two of Separating Money and the StateIván Gómez spoke with the Venezuelan economist Asdrúbal Oliveros about the adoption of stablecoins in Venezuela promoted by the State itself. Oliveros explained that, in the face of strong sanctions and exclusion from the traditional financial system, the government began to collect the majority of its … Read more
The price of USDT reached a peak of 682 bolivars on March 28. The reduction of the exchange rate differential can modify the dynamics of the Venezuelan internal market. The price of USDT in Venezuela has fallen more than 6.5% in the last 7 days. In that period, it went from 682 bolivars (Venezuelan national … Read more
The bitcoin (BTC) and cryptocurrency ecosystem in Panama faces a crisis of confidence that arises from the clash between digital adoption and an institutional system that still does not know how to process it. While commerce between people (Peer-to-Peer or P2P) is consolidated as a tool of financial freedom, for those who facilitate these transactions, … Read more
The financial isolation derived from the sanctions forced Venezuela’s productive sector to resort to alternative routes to sustain global trade. This is how, in the face of the rejection of international transfers and persistent inflation, the use of digital assets went from being a taboo to an operational logistics tool. USDT (tether), stablecoin pegged to … Read more
At first there were errors, although later the operation was completed. Binance imposes certain limits on depositing dollars and purchasing USDT. If you are in Venezuela, and you use cryptocurrencies, you surely have the habit of using the Binance peer-to-peer (P2P) market and other platforms to acquire your assets. But that exchange enabled BPay Global, … Read more
Far from the oil fields, a new financial power is brewing in the palm of Venezuelans’ hands. It is the digital economy where the use of bitcoin (BTC) and stablecoins such as Tether’s USDT consolidate a market that, although silent, mobilizes a volume of capital that challenges the traditional metrics of the national economy. During … Read more
“Venezuela is on fire, my friend”. So pray the part of a song by the famous Venezuelan performer – unfortunately now deceased – Tyrone González, alias Canserbero. And although the lyrics of that piece deal with other events that characterize my country, I am convinced that that phrase can easily be applied to the bitcoin … Read more
Now Venezuelans can buy USDT directly on Binance, without P2P or foreign wallets. Buying cryptocurrencies directly on Binance is cheaper and easier, but it is more guarded. The recent enabling of BPay Global by Binance in Venezuela has begun to modify the dynamics of local arbitration. After the arrival of this regulated fiat currency gateway … Read more
People report recharging with BDV cards, but it is not credited. The company explains in its conditions that it applies “preventive blocking” as security. In the last 48 hours, complaints from Venezuelan users against the Zinli digital wallet have spread, especially in X. Many claim that their accounts have been blocked or that the funds … Read more