The disparity in terms of holding and trading USDT in Venezuela has become widespread and very common. For example, I work with electrical materials, and more than once I have been offered to be paid in USDT. I do not accept the payment because I usually have to pay the supplier, and they do not have BINANCE or another wallet. But this means that every day more merchants are joining all these processes of trading through cryptocurrencies. This, my friends, is not only happening in Venezuela but worldwide...🔥💰🎉🎊🫂

Why do many people in Venezuela use USDT as a reference instead of the dollar?

In Venezuela, one of the most frequently asked questions is:
"Why does everything now seem to be measured in USDT?".

The answer has to do with economics, inflation, and, above all, stability.

Protection against inflation:
the bolívar constantly loses value and USDT, being linked to the dollar, serves as a digital refuge for savings.

Price reference:
according to reports from local media, a large part of the businesses and exchange desks already use USDT to set prices, making it a practical reference.

Fast and efficient:
sending or receiving USDT is quick and, in many cases, more convenient than using banks or traditional remittances.

Use even in large operations:
reports mention that companies and institutions, such as PDVSA, have resorted to USDT in some international transactions, reinforcing its presence.

In short:
USDT is not just a "digital currency"; it is the tool that millions of Venezuelans have adopted to maintain stability amid economic uncertainty.

And now I ask you:
Do they also use USDT as a reference in your country or does physical dollar still dominate?

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