The par $USDT/VES remains a beacon of stability in Venezuela, where hyperinflation is devouring the bolívar at a dizzying pace. As of September 23, 2025, 1 USDT is trading on average at Bs.S210.45 in the P2P market of Binance, according to recent listings from P2P.Army, with variations: sales (buy fiat) between Bs.S208.90 (Banesco) and Bs.S212.10 (Zelle), and purchases (sell fiat) between Bs.S205.30 and Bs.S207.60, with spreads of +1.6% to +2.8%. The weekly volume exceeds $75M, reflecting a growing dependence on stablecoins for remittances and commerce. In comparison, the spot price on Binance hovers around Bs.S140.00, highlighting the premium of the informal market.
Technically, the P2P chart shows an upward channel, with support at Bs.S205.00 and resistance at Bs.S215.00. The OBV volume grew by 28% this week, according to Binance Research, indicating constant accumulation. Narratively, USDT is more than an asset; it is a shield against the devaluation of the VES, which lost 4% in value this week according to the BCV. With 5.2 million Venezuelans using P2P, according to Cointelegraph, this market flourishes with methods such as Banco de Venezuela and UbiiPagos. The future looks uncertain: if inflation (estimated at 3,700% annually) persists, USDT could reach Bs.S225.00 in October. What do you think about its role in this economy? Share your perspective in Binance Square, where the community explores crypto solutions in the face of the crisis. Connect, debate, and learn