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đ˘ď¸ #RUSSIA AND #VENEZUELA TOKENIZE BLACK GOLD
A new #stablecoin backed by oil is reportedly in development, according to energy sector sources. "Petro 2.0"?
Here are the key pointsđ
1ď¸âŁ The original #Petro #PTR launched in 2018 never achieved liquidity or transparency. It was officially discontinued in 2024.
2ď¸âŁ Now, Russia and Venezuela are exploring a new digital energy asset, allegedly backed by barrels of Venezuelan crude.
3ď¸âŁ $200 M in OTC operations are mentioned, with no public contract or verified listing.
4ď¸âŁ The goal would be to facilitate trade between sanctioned countries and reduce dependence on the SWIFT system.
5ď¸âŁ For now, there is no on-chain evidence or whitepaper. More geopolitical narrative than an open public project.
đ We will continue monitoring if the token or contracts on the blockchain emerge.
#Tokenizacion
A new #stablecoin backed by oil is reportedly in development, according to energy sector sources. "Petro 2.0"?
Here are the key pointsđ
1ď¸âŁ The original #Petro #PTR launched in 2018 never achieved liquidity or transparency. It was officially discontinued in 2024.
2ď¸âŁ Now, Russia and Venezuela are exploring a new digital energy asset, allegedly backed by barrels of Venezuelan crude.
3ď¸âŁ $200 M in OTC operations are mentioned, with no public contract or verified listing.
4ď¸âŁ The goal would be to facilitate trade between sanctioned countries and reduce dependence on the SWIFT system.
5ď¸âŁ For now, there is no on-chain evidence or whitepaper. More geopolitical narrative than an open public project.
đ We will continue monitoring if the token or contracts on the blockchain emerge.
#Tokenizacion
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