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by: xpoolPosted on: September 5, 2025

Venezuela Embraces USDT for Payroll and Business Payments Amidst Sanctions Pressure

As sanctions continue to impact Venezuela’s economy, the country is turning to stablecoins like Tether (USDT) to facilitate business transactions and employee payments. This shift signifies a move away from traditional currency constraints and towards utilizing digital wallets for everyday financial activities.

Related posts:

  1. Venezuela Tightens Grip on FX Rate Accounts Amid Crypto Crackdown
  2. US Sanctions Crypto Network Tied to Ruble-Backed Stablecoin
  3. Venezuela Turns to Tether as Sanctions Tighten, Fueling Cryptocurrency Adoption
  4. Stablecoins Boost Dollar’s Global Influence, Says Anthony Scaramucci
Sanctions Stablecoin Venezuela

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