Sovereign or Satire? This is how the difference between promises and real backing is seen.
The "sovereign USDT" in Venezuela is not real — at least not as an official cryptocurrency issued by the State. The news about its launch comes from El Chigüire Bipolar, a satirical medium known for publishing humorous and fictitious content about Venezuelan politics and economy.
🔍 What is real:
• The use of USDT (Tether), a stablecoin backed by the dollar, is common and legal in Venezuela. It is used as a savings mechanism, protection against inflation, and a means of payment in everyday transactions.
• Platforms like Binance, Crixto, and Kontigo allow the conversion of bolívares to USDT and vice versa, facilitating mobile payments and transfers.
• Even the Venezuelan State has begun to receive payments for oil in USDT, especially in operations with Asia.
🧠 Educational summary for your campaigns:
• "sovereign USDT" = political satire.
• Real USDT = stable and legal financial tool in Venezuela.