dolarp2p

Once again, oil is back at the center of the country’s economic conversation. North American Blue Energy Partners (NABEP) claims it can double production in 17 Venezuelan fields and add around 300,000 barrels per day (bpd) over a period of a little more than two years. Washington supports the message: it talks about an operator with experience in complicated fields and of an agreement which, according to its spokespeople, represents a breath of fresh air for an economy battered by years of hyperinflation and almost no investment.

Today, the BCV did not publish a rate. And the market didn’t stop for even a minute: Bs. 970,67 is what it costs for one $USDT on Binance P2P this Saturday.
📌 THIS MORNING’S NUMBERS
• Buy $USDT: Bs. 970,67
• Sell $USDT: Bs. 931,30
• Spread: Bs. 39,37 (4,23%)
• Active offers: 245
That 4.23% is the figure that grabs my attention the most. It’s not an isolated piece of data: it’s the thermometer of a strain that has already been building for weeks. In mid-July, Ecoanalítica estimated that Venezuela moves about $44 million per day in $USDT through Binance P2P. And in September, a key report showed that 89.7% of the volume was looking to buy $USDT. Almost nine out of ten transactions want the same side of the counter.