The stablecoin served as a tool to avoid sanctions and a lifeline for everyday citizens.
Now that Venezuela could start a new phase with an open economy and dollar access, will it be the end of crypto adoption?
Venezuela retail users turned to USDT as a solution to hyperinflation, relying on P2P exchanges. The stablecoin is also used ...
Onchain analysts say Venezuela’s "shadow" 600,000 Bitcoin reserve remains unverified despite the country’s early crypto adoption.
CNBC reports Venezuela uses Tether for sanctioned oil sales, moving proceeds to Bitcoin. U.S. may seize assets, impacting supply.
(Reuters) -Venezuela's government is slowly allowing the use of dollar-tied cryptocurrencies in currency exchanges for the private sector, a dozen sources said, as U.S. restrictions on oil exports ...
In the dynamic world of cryptocurrencies and geopolitics, Venezuela’s recent ventures into crypto oil deals have unmistakably grabbed global attention.
The United States is allegedly moving to freeze and take control of Bitcoin held by Venezuela after the capture of Nicolás Maduro, who is now facing ...
President Donald Trump is urging U.S. oil majors to rebuild Venezuela's shattered energy sector, but one veteran trading ...
DOJ charges Jorge Figueira with laundering $1 billion through cryptocurrency exchanges, wallets, and shell companies across ...
Speculation has mounted over whether Venezuela holds a hoard of Bitcoin. But what’s the evidence for that? Here’s everything we know about Venezuelan crypto.