The price of USDT in Venezuela fell by more than 40% in just ten days, reaching levels below 500 bolívares, which reduces the gap with the official dollar to around 35%. This collapse reflects a sharp adjustment in the P2P market and generates uncertainty about the stability of the stablecoin in the country.

📉 Context of the fall

Key date: Since January 7, 2026, the price of USDT in bolívares began to decline steadily.

Magnitude: A drop of more than 40% in ten days, an abrupt movement that surprised even experienced operators.

Level reached: Quotation below 500 Bs, a figure not seen since December 2025.

🔎 Factors explaining the collapse

Positive economic expectation: Analysts indicate that there is a perception of economic recovery in Venezuela, which reduces the pressure on the parallel dollar and, therefore, on USDT.

Correction of the P2P market: The adjustment reflects a rebalancing after the accelerated increase at the beginning of the year.

Exchange rate gap: The difference between USDT and the official dollar was reduced to 35%, indicating less incentive to shelter in the stablecoin.

⚠️ Implications for users and traders

High volatility: Although USDT is a stablecoin, its price in bolívares depends on local dynamics and can vary drastically.

Liquidity risk: Operators who bought USDT at high prices face significant losses.

Expert recommendation: Make "cold decisions" and avoid impulsive movements amid exchange rate volatility.

🧭 What to observe going forward

Government exchange rate policy: If the stability of the official dollar is maintained, the pressure on USDT could continue to decrease.

Remittance flows and international payments: Key factors that tend to sustain the demand for USDT in Venezuela.

Reaction of the local crypto market: Possible migration to other stablecoins or greater use of the official dollar.