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    Venezuela shows how locals turn to Tether-issued USDT stablecoin as governments wobble
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    Venezuela shows how locals turn to Tether-issued USDT stablecoin as governments wobble


    Hi guys,

    Venezuelan living here (sadly haha)

    Crypto enthusiast since 2018.

    Economic situation has been so bad recently!

    Any question AMA!

    Best regards

    https://www.cnbc.com/2026/01/19/venezuelans-turned-to-tether-issued-usdt-stablecoin-as-its-government-wobbled.html

    View 4 Comments

    4 Comments

    1. coinfeeds-bot on

      tldr; Amid political and economic instability in Venezuela, locals have increasingly turned to the Tether-issued USDT stablecoin to protect their savings from hyperinflation and government control. USDT, a dollar-pegged digital token, has become a popular tool for remittances and preserving wealth in emerging markets. However, surges in demand can cause price fluctuations, highlighting liquidity issues. Despite risks, stablecoins like USDT offer a critical financial lifeline in regions with unstable currencies and repressive regimes.

      *This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

    4. KipAndrew on

      appreciate you sharing this. crazy how stablecoins become the actual stable option when fiat collapses. you mainly using it for daily transactions or saving?