Venezuela: Banks Could Accept USDT by Year-End, Signaling Crypto Integration

Venezuela’s banking system could see a significant shift in payments this year as an experiment involving stablecoins is poised to gain momentum. Industry experts predict that banks might integrate Tether (USDT) into their point-of-sale systems and apps for transactions by December. This development comes amid a chronic dollar shortage, forcing businesses to turn towards digital dollars like USDT.