P2P commerce remains among the preferences of Venezuelan users.
Lack of clear guidelines hinders the adoption of payments with crypto assets in Venezuelan businesses.
The chain of stores Mundo Total announced the acceptance of payments with Tether (USDT) in Venezuela, promising a direct conversion to bolívares. This initiative, driven by partnerships with payment platforms of cryptocurrency exchanges Binance and Crixto, quickly triggered a wave of questions among users, who question the exchange rate applied and the actual profitability of this option.
The announcement of Mundo Total aims to facilitate access to purchases using stablecoins, taking advantage of the growing popularity of digital assets in the country. This, considering that stablecoins like USDT account for 47% of transactions under 10,000 dollars in the country, as recently reported by CriptoNoticias.