Analysis of the Price of USDT in Venezuelan Bolivars (VES) with P2P Details on Binance.

The pair $USDT/VES continues to be an essential refuge in Venezuela, where hyperinflation exceeds 3,500% annually, according to the BCV and international observers. As of August 17, 2025, 1 USDT is priced on average at Bs.S136.11 on exchanges such as Coinbase and Binance spot, with minor variations: Bs.S135.93 on Binance and Bs.S133.35 on OKX. However, in the P2P market on Binance, prices reflect the local reality of the "parallel dollar". Based on current listings from P2P.Army for Binance P2P, offers to sell USDT (buy fiat) range from Bs.S195.41 (BancoVeneCredit) to Bs.S197.55 (UbiiPagos), with a spread of +1.58% to +2.69%. To buy USDT (sell fiat), prices are between Bs.S187.60 and Bs.S190.00, with typical limits of 540-197 active ads and minimum/maximum amounts from Bs.S500 to Bs.S100,000 per transaction. Popular methods include Banco de Venezuela, Banesco, UbiiPagos, and Zelle, with zero fees in many cases.

From a technical analysis perspective, the USDT/VES chart on Binance P2P shows an upward channel, with support at Bs.S185.00 and resistance at Bs.S200.00. The RSI at 59 indicates balance, while the OBV volume grew by 32%, signaling sustained demand. Narratively, USDT acts as a bridge between the collapsed fiat economy and the crypto world, with over 5 million Venezuelans using P2P for remittances and trade, according to posts on X. The discrepancy between spot (Bs.S136) and P2P (Bs.S190 average) highlights the premium of the black market, driven by currency controls.

Key factors: the weekly devaluation of the VES and global crypto adoption. If inflation persists, USDT could surpass Bs.S205.00 in September, but regulations like the Petro could hold it back. For traders, watch the support at Bs.S185.00; a breakout above Bs.S200.00 targets Bs.S210.00.

Do you think USDT/VES will continue to rise?