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USDT, the New Refuge: Why Venezuela Relies on the Stable Cryptocurrency 💲
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In the midst of the complex economic situation, the Venezuelan population has found in cryptocurrencies, particularly in USDT (Tether), a vital substitute in the face of the scarcity of US dollars in the informal exchange market and the high volatility of the local currency.
The Problem: The Struggle for Physical Dollars 💔
Historically, the dollar has been the preferred store of value for Venezuelans to protect themselves from hyperinflation. However, acquiring and managing cash dollars presents significant challenges:
In the midst of the complex economic situation, the Venezuelan population has found in cryptocurrencies, particularly in USDT (Tether), a vital substitute in the face of the scarcity of US dollars in the informal exchange market and the high volatility of the local currency.
The Problem: The Struggle for Physical Dollars 💔
Historically, the dollar has been the preferred store of value for Venezuelans to protect themselves from hyperinflation. However, acquiring and managing cash dollars presents significant challenges:
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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