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by: xpoolPosted on: September 4, 2025

Venezuela Turns to Tether as Sanctions Tighten, Fueling Cryptocurrency Adoption

Venezuela is increasingly embracing stablecoins like Tether (USDT) amid escalating sanctions and soaring inflation. As dollar access becomes restricted, businesses are turning to cryptocurrencies for salaries, imports, and trade. This shift reflects a growing reliance on digital currencies in a country grappling with limited traditional financial channels.

Related posts:

  1. Venezuela Tightens Grip on FX Rate Accounts Amid Crypto Crackdown
  2. Stablecoins Boost Dollar’s Global Influence, Says Anthony Scaramucci
  3. Stablecoin Trading Boom: South Korea’s Crypto Market Reaches $41.2B
  4. Senate Races to Pass GENIUS Act for Stablecoin Regulations
Cryptocurrency Stablecoin Venezuela

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