This Ecoanalítica report, cited by Primicia, highlights a structural shift in Venezuela’s foreign exchange market that aligns with interest in macroeconomics and the adoption of crypto in the country.
Here are the key points from the analysis conducted by Alejandro Grisanti:
* **Significant volume:**
Between June 11 and July 13, 2026, at least 1.389 billion USDT were traded through Binance’s P2P, which translates to a daily average of nearly 44 million dollars.
* **Scale comparison:**
This volume equals 88% of the foreign currency injected by the BCV during June and represents about 75% of the value of the country’s monthly oil exports.
* **From marginal to mainstream:**
The figure confirms that P2P is no longer a secondary market and has instead consolidated as one of the main channels for accessing foreign currency in Venezuela.
* **A perspective of "normalization":**
Unlike alarmist views, Grisanti offers an optimistic interpretation. He suggests that as the traditional foreign exchange market loosens its exchange booths and the BCV increases its supply, the volume on Binance should gradually decline. For the economist, the fact that transactions return to formal banking is, in itself, an indicator of economic normalization.
This phenomenon underscores how blockchain technology has filled liquidity gaps that the traditional financial system has been unable to cover, currently operating as a real barometer of the need for foreign currency in the national economy.
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