Aníbal Garrido, director of the Blockchain, Trading & Crypto Academy at the Andrés Bello Catholic University (UCAB), highlighted that crypto assets have served as "an alternative means" to pay suppliers, settle debts, or send money abroad.
The director of the Blockchain, Trading & Crypto Academy at the Andrés Bello Catholic University (UCAB), Aníbal Garrido, expressed that due to the permanent situation in which Venezuela lives, we must "seek alternatives that allow us to easily protect ourselves from the scourge of inflation," which makes the banner of crypto assets persist and remain relevant today.
In this regard, he maintained that in the particular case of Venezuela, "there is a widespread use of these stablecoins USDT and USDC. There are several where the parity with the dollar is exactly the same in these crypto assets."
He stated that cryptocurrencies have become a tool "of great fidelity, of great security, and above all, of speed in the face of radical changes in the exchange rate as seen in Venezuela."
Garrido pointed out that crypto assets have served as "an alternative means" for merchants and entrepreneurs to pay suppliers, settle debts, or send money abroad.
However, he emphasized on Unión Radio that cryptocurrencies are not an easy investment vehicle.
https://www.bancaynegocios.com/analisis-los-criptoactivos-como-alternativa-para-resguardarse-de-la-coyuntura-economica-en-venezuela/
