💥 USDT surpasses the dollar in state payments in Venezuela, according to Asdrúbal Oliveros
Venezuelan economist Asdrúbal Oliveros revealed that the use of USDT (Tether) has surpassed the dollar in state settlements within Venezuela, marking a radical change in the way the government and suppliers interact with the financial system.
🧠 What does this mean?
• USDT has become the reference currency for payments between public and private entities.
• Physical dollars are losing prominence against faster and harder-to-trace stablecoins.
• Oliveros warns that this complicates fiscal traceability and reflects an informal digital dollarization.
📊 Why USDT?
• Speed and ease of transfer without banking intermediaries.
• Avoids controls and sanctions that affect the traditional financial system.
• Greater stability against the bolívar and less exposure to cash shortages.