Venezuela’s Currency Troubles Drive Stablecoin Use Higher — Research
Venezuela’s cash is losing value quickly. People and businesses are shifting to US-dollar stablecoins, especially USDT, to protect savings and ...
Tag: bolivar
Bitcoin a Better Bet Than Bolivars as Venezuelan Hyperinflation Escalates
Bitcoin can be many things depending on the situation. For many it is a store of value, for some, it ...
Maduro: Petro Public Sale In November While Website and Wallet Are Live
Venezuelan President Nicholas Maduro has made a series of announcements concerning the Petro. Currently, the public sale for the controversial ...
Venezuela Shatters Bitcoin Trading Records With 500,000,000 Bolivars Per Week
Trading between Bitcoin and the Venezuelan Bolivar (VES) has beaten all records to pass 500 million for the first time ...
Venezuela’s Central Bank Unveils App to Convert New Crypto-Pegged ‘Sovereign Bolivar’
Hyperinflation in Venezuela is so bad, the nation’s Central Bank has released an Android app to help citizens calculate how ...
Venezuela: Inflation Tops 100,000 Percent, Bitcoin Costs 60M Bolivars
Venezuela’s currency the Bolivar Fuerte jumped to 9.2 million per dollar and almost 60 million per bitcoin August 18, just ...
US Treasury Warns Investors: Venezuela’s Petro Could Violate Sanctions
The US Treasury Department has cautioned investors that Venezuela’s Petro could be in violation of Washington-imposed financial sanctions. In December ...
Venezuela Launching Oil-Backed Cryptocurrency – the Petro!
President Nicolas Maduro of Venezuela has announced the creation of a new national digital currency - the Petro. He believes ...
