#venezuela The p2p market of Binance and the holding of USDT is one of the methods that is currently being used the most to dollarize our savings, due to the great scarcity of $ physicals in the country. However, we all realize that the price for a USDT in the p2p market is vastly superior to the price that the Central Bank of Venezuela offers for a $
Now, the first thing to keep in mind is that the price of the BCV is merely fantasy, as no Venezuelan bank can buy dollars at the price they set daily.
In Venezuela and other parts of the world, having USDT can have great advantages. For example, by having a USDT, you can make immediate transfers to anywhere in the world, transfer fees are almost negligible or very low, and having USDT opens up a world in the crypto market as it serves for trading, staking, or saving. You keep it protected in your account, with availability to use it at any time or to generate secure passive income like the earn section, something I am not aware of if any Venezuelan bank offers.
Venezuelan friends, we must realize that USDT is the dollar of the digital age and for us in our country, it benefits us to have USDT, as our currency is one of the weakest in the world and our economy has suffered great inflation over the years.