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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.

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

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.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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