Venezuela to Launch Crypto-Integrated Banking by 2025: A Major Shift in the Financial Landscape

Venezuela is poised for a major transformation of its financial system, with plans to launch a crypto-integrated banking system by December 2025. This initiative will see Bitcoin and stablecoins like USDT integrated into the country’s national banking network, spearheaded by payment network Conexus. This move aims to stabilize currency fluctuations and attract investment, while addressing Venezuela’s long-standing inflation woes.