bancadigitalvenezuela

The Digital Bank of Workers (BDT) stepped up on security matters and added Dynamic CVC to its digital prepaid Mastercard card. This move is no small thing: these are security codes that expire, designed so that anyone attempting to clone or reuse the data from your plastic ends up with empty hands. In a country where electronic fraud is daily fare, any additional layer of protection is appreciated.
But at PitbullChain we don’t see this as only a banking headline. We see it as a sign of where Venezuelan digital banking is headed and how close it is getting (or moving away) from the P2P and crypto ecosystem that drives a large part of the country’s foreign currency flows.

Venezuelan poultry farming has made a strong comeback this week. Francisco Tagliapietra, president of the National Poultry Federation of Venezuela (Fenavi), confirmed that the sector has moved past the stage of simple recovery and is now aiming at a much more ambitious goal: selling chicken and eggs abroad. For PitbullChain, this news is not just about agriculture: it’s a snapshot of how real money moves in the Venezuelan economy.
📊 The figures that back the optimism

There are indicators that do not make it into the business/economics headlines and, yet, anticipate what’s to come. One of them is the number of companies that have started moving paper again to register their trademarks in Venezuela. According to Ibero-American legal dispatches consulted by international media, since January this year the flow of inquiries and applications stopped being a desert and started looking more like a line of people pushing forward.
The figures being cited point to about 14,600 trademark registration applications filed during 2025 and a growth projection of nearly 10% for 2026. For anyone who has followed the Venezuelan market over the past decade, that’s not a minor detail: it’s the difference between a country nobody mentioned in a board meeting and a country that once again shows up on the agenda.

📊 An electric system that works at four out of every ten
Venezuela has more than 25,000 megawatts of installed nominal capacity, but what actually reaches the outlet fluctuates between 9,000 and 11,000 MW. In street language: the National Electric System operates with less than half of its muscle, and of that half, between 75% and 80% depends on the water from the Bajo Caroní, with Guri, Caruachi, and Macagua as its backbone. The thermal backup—the one that should cover droughts and transmission failures—is in intensive care: plants like Centro or Tacoa operate at a minimal fraction due to a lack of spare parts, supplies, and fuel.

SpaceX achieved this Monday what it had been pursuing for years: putting Starship into Earth orbit. It happened on the spacecraft’s fourteenth test flight, with liftoff from Starbase, the company’s complex at the southern tip of Texas, and a maneuver that the company itself had hesitated to carry out minutes before deciding to do it. In the end, it did—and with that, the program took a step that its engineers described as an enormous milestone.
📊 The technical milestone: altitude, speed, and nearly ten hours of flight

A U.S. District Court judge for the District of Columbia, Jia M. Cobb, gave the green light for the Belgian fund Titan Consortium to seek asset seizures and enforcement measures against assets of the Argentine State. The objective is to collect million-dollar compensation stemming from the expropriation of Aerolíneas Argentinas and Austral, carried out in January 2009 during the administration of Cristina Fernández.
The figure already has a number: $390.9 million, confirmed by the U.S. Court of Appeals for the D.C. Circuit on July 21. The September 25 order does not establish an automatic seizure, but it allows the fund to request one under U.S. law. For any regional economy, the message is uncomfortable: arbitral awards do not expire as quickly as some governments would like, and someone will end up looking for those assets wherever they may be.

📊 A maracayero on NASA's control dashboard
There are stories you read that feel like science fiction and turn out to be pure archive. Héctor Rafael Rojas's is one of those: a Venezuelan from Caracas by adoption, born in Aragua, educated between Liceo Agustín Codazzi and Fermín Toro, who ended up at La Sorbonne with physics, mathematics, and a PhD in astrophysics under his arm. While half the world viewed Apollo 11 as a geopolitical race, he saw it as a problem of geometry, light, and surface physics.

📊 An official figure that deserves financial scrutiny
This Saturday, September 26, the national government reported that the country’s agricultural and livestock production has accumulated volume growth of 4.19% so far in 2026 compared to the previous year. The figure was announced by Acting President Delcy Rodríguez during an inspection of construction projects in Petare, where she also highlighted the performance of the fishing sector and the supply of animal protein from domestic production.
For PitbullChain, the unavoidable question is not whether the data is good or bad, but whether that growth translates into something tangible for the average Venezuelan’s wallet: the one today thinking in dollars, in USDT, and about how to stretch every bolívar before inflation eats it away.

📊 The power system cannot keep up: 16.424 megawatts of demand
The president of Corpoelec, Juan Crisóstomo Fernández, confirmed what millions of Venezuelans already see every day: the state-owned company does not have the capacity to meet the national energy demand, which in the last week stood at 16.424 megawatts. Translated into real life, rationing continues in practically the entire country, with very different intensities depending on the region.
While in the Metropolitan Area of Caracas outages are not daily and do not last for hours, in the interior the story is different. Zulia is the most critical case: up to 99% of households report daily interruptions, and in Maracaibo there are power-cut blocks of 8 to 12 continuous hours. The Andes add voltage fluctuations on top of the prolonged blackouts, and in the plains, shutdowns average between four and six hours.

📊 A peak not seen since 2017
The acting president of Venezuela, Delcy Rodríguez, issued a public call for collaboration on energy savings after the National Center for Electric Power Dispatch reported demand exceeding 16,400 megawatts, a level the country had not seen since 2017. Unusually high temperatures, linked to the El Niño phenomenon, are pushing consumption upward almost daily and have already led to rationing that, in several regions of the country, lasts up to eight hours.

📊 A helm delivered by proximity, not by curriculum vitae
The board of Ecopetrol —the largest company in Colombia and one of the most influential state-owned oil companies in the region— decided to put Joaquín Gutiérrez, a business administrator who comes from the real estate and health sectors, in charge of the company. He also served as campaign chief, private secretary, and a trusted adviser to President Abelardo de la Espriella. What’s striking isn’t just the name: it’s that he arrives with not a single day of prior experience in hydrocarbons, as reported by Colombian media.

The new text of the Organic Law on Hydrocarbons arrived with a big promise: to simplify the tax thicket that for years had hindered oil activity and to give private capital room to operate. However, tax experts Juan Korody and Rafael Pacheco, during the conference “Fiscal effects for operators of primary hydrocarbon activities” of Grupo IDEAS for Venezuela, made it clear that simplifying is not the same as solving. And there’s a detail that hits close to home at PitbullChain: many of the gaps that were left open are precisely issues related to foreign exchange, the IGTF, and how the dollar is handled within the formal economy.

The restoration of consular relations between Chile and Venezuela stopped being a mere protocol announcement and became an ongoing conversation. Chilean President José Antonio Kast confirmed, after meeting in New York with acting head of state Delcy Rodríguez, that his government supports what he described as a process of rebuilding Venezuela’s institutions, and acknowledged that the regularization of the more than 700,000 Venezuelans living in Chile is a priority on the agenda.

📊 Maracaibo filled up with booths and the energy market once again started talking about the future
Between September 23 and 24, 2026, the 8th International Expo on Oil, Industry, and Commerce took over Maracaibo with a turnout of around 240 companies, both domestic and foreign, according to figures from the business directory Petróleos de América. The main takeaway is simple: after the easing of U.S. sanctions, suppliers of inputs pulled their quotes out of the drawer again, updated equipment, and went looking for contracts.

BBVA CEO Onur Genç took to the stage in London, at a CEOs conference organized by Bank of America, and let slip the line that is already going viral: artificial intelligence is going to make a difference between banks similar to the one that digitalization made a few years ago. According to him, his institution spends €4.5 billion every year—more than US$5.1 billion—on technology, and plans to keep that pace with AI. Sounds impressive. But for the Venezuelan who every day swaps USDT for bolívares, the question isn’t how much BBVA spends—it’s when that technology is felt in their pocket.

What was announced as a closing of the cycle this Wednesday ended up running three more days. The second round of talks between the ruling party and a sector of the opposition, with Washington’s accompaniment, will remain on the table until Friday, September 25, according to sources from the opposition delegation. The setting is again the Gran Meliá Caracas hotel—the same venue where the first stage of the process took place.
At PitbullChain, we don’t look at this kind of news as a mere political headline. For those who operate with USDT, get paid in foreign currency, or move digital bolívares every day, each extension, each announcement, and each silence from the negotiation table translates into something concrete: exchange-rate volatility, wider spreads on P2P, and liquidity decisions made with a tight stomach.

Halliburton moved again on the Venezuelan chessboard. The U.S. corporation announced the signing of memorandums of understanding with Brazilian company Eneva and Venezuelan firm Wesca, with the aim of strengthening energy development initiatives in the country. This isn’t just news about wells and rigs: it’s a sign that the oil services ecosystem is starting to reorganize, and historically, that ends up splashing onto the foreign exchange market, banking, and P2P crypto.
📊 What the agreements say, in plain language

📊 A recognition that is worth more for what it reveals than for the badge
R4 Banco Microfinanciero, the institution that until the end of 2024 was known as Mi Banco, announced that it obtained the Great Place To Work® Venezuela Certification, valid for one year, between September 2026 and September 2027. At first glance, it seems like just another human resources announcement—one of those that gets published and then forgotten. But in the Venezuelan banking context, where the turnover of qualified personnel has become a silent headache, the information deserves another interpretation.

The Inter-American Development Bank (IDB) has put Venezuela back on its radar. Its president, Ilan Goldfajn, confirmed to Reuters that the institution is preparing a two-year working document for the country, with two clear priorities: the electricity sector and social protection. The news sounds like multilateral policy headlines, but at PitbullChain we read it with a different lens: does this move the dollar? does it affect the P2P market? does it change the life of whoever holds their savings in USDT?
📊 A two-year plan, but with no date for the real money

The conversation about digital transformation in Venezuelan banking stopped being a marketing topic and began to be measured in numbers. Bancaribe reported that it processes more than 4.4 million requests per year through its electronic customer service channels—a figure that confirms something those who operate with cryptocurrencies in the country already suspected: Venezuelan customers no longer want to go to the branch and now handle everything from a phone.
This figure is not small for the P2P ecosystem. Every time a user buys or sells USDT for VES, behind it there is a banking operation: transfers, balance inquiries, key unblocks, token activation, and complaints about payments that never arrived. If the bank doesn’t respond quickly, the exchange collapses and the merchant loses time, margin, or both.