In Venezuela, an application is already under development for the country's banking system to safeguard stablecoins like USDT or other cryptocurrencies. This was revealed on Tuesday by Rodolfo Gasparri, president of Conexus, a company specialized in electronic transaction processing.
The executive revealed that the organization he leads already has a blockchain network, which he described as the foundation for the development that is underway. On this point, Gasparri did not provide details on what type of blockchain would be used, that is, whether it is public or if it is a private development.