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Amidst Sanctions and Tanker Seizures, 80% of the Venezuelan Oil Sales Revenue Is Collected Using USDT

Asdrubal Oliveros, a local economist, claims that nearly 80% of all the crude sold by Venezuela is being paid for using stablecoins, specifically USDT. He stressed that cryptocurrency has become a main part of the Venezu...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Amidst Sanctions and Tanker Seizures, 80% of the Venezuelan Oil Sales Revenue Is Collected Using USDT
Asdrubal Oliveros, a local economist, claims that nearly 80% of all the crude sold by Venezuela is being paid for using stablecoins, specifically USDT. He stressed that cryptocurrency has become a main part of the Venezuelan oil policy, but that the nation is facing difficulties in liquidating these funds. Analyst: Most Venezuelan Oil Sales Are […]

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