News from #venezuela ! 🇻🇪
The use of stablecoins as a payment and safeguard mechanism continues to rise in Venezuela. Recent reports indicate that various businesses are offering discounts of up to 80% to customers who pay using stablecoins, especially the $USDT , a practice that boosts its use in daily life.
The need to protect capital against the devaluation of the bolivar and the immediacy of transactions are the main drivers of the adoption of this payment method in the country.