229% inflation: How ‘Binance dollars’ became Venezuela’s real currency
Venezuela turns to USDT as hyperinflation bites, with merchants pegging prices to Binance P2P dollar rates.
Venezuela turns to USDT as hyperinflation bites, with merchants pegging prices to Binance P2P dollar rates.
Original source
Read on CointelegraphRelated market context
Binance Grabs 60% of SpaceX Derivatives Market With $5.6B in Daily Volume
Binance disclosed that it now controls more than 60% of all SpaceX derivatives trading across centralized and decentralized exchan...
Tether’s Brief Flip of Ether in Value Gives Crypto a Reality Check
Tether's USDT briefly overtook Ether in market value for a few hours, highlighting the growing dominance of stablecoins in crypto....
Binance Sees Pre-IPO Boom as $225B IPO Wave Drives Demand for On-Chain Access
Binance expects crypto pre-IPO markets to expand as U.S. IPO fundraising is projected to surpass $225 billion, putting 2026 on tra...
SpaceX-linked products see $9B in trading, $5.6B on Binance in 24 hours
The surge in SpaceX-linked crypto trading highlights the growing role of digital assets as a parallel financial market, influencin...
Alisson Becker’s viral save moment highlights the gap between sports hype and crypto market reality
The persistent disconnect between sports events and crypto market movements highlights challenges in linking real-time sports to c...
VanEck Bets BNB’s Real-World Usage Can Help Its ETF Stand Out
TL;DR VanEck is positioning its VBNB spot BNB ETF around BNB Chain usage and revenue metrics. The ETF reportedly has around $2 mil...