Can you guess which country created its own national cryptocurrency? 🪙🌍

It’s Venezuela.

In 2018, the government launched the Petro (PTR) a state-backed digital currency tied to the country’s oil reserves.

It was the first national cryptocurrency ever created and an attempt to escape inflation and sanctions.

But… it didn’t go as planned.

Most people didn’t trust it, and adoption was low.

Still, it opened the door for central bank digital currencies (CBDCs)

Now, dozens of countries are exploring their own digital money.

#CBDC #DigitalCurrency #BinanceFeedElite #PetroCoin #CryptoWorld