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Analysis: USDT has become an important pillar of Venezuela's economy

Analysis: USDT has become an important pillar of Venezuela's economy

TechFlow深潮TechFlow深潮2025/12/29 09:09
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According to TechFlow, on December 29, as reported by CriptoNoticias, by 2025 the stablecoin USDT has become an important pillar of the Venezuelan economy, providing financial "oxygen" to the public amid the country's severe foreign exchange shortage.

The report shows that in the second half of 2025, Venezuela faced a severe shortage of foreign exchange, prompting the private sector to turn to cryptocurrencies, especially stablecoins such as USDT, USDC, and DAI, as effective mechanisms for cross-border payments and access to goods and services. Financial education expert Orlando Sevilla emphasized that Venezuelans no longer view cryptocurrencies as a get-rich-quick tool, but rather as an alternative financial instrument under the constraints of the traditional financial system.

 

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