Amid the U.S. military intervention in Venezuela, locals rushed to secure their savings by converting their bolívares to dollar-pegged digital tokens called USDT. The timing of the attack may have been surprising to some, but Venezuelans subsequent embrace of stablecoins wasn't.
From the Middle East to Latin America, ordinary people are turning to USDT to hide and preserve their wealth from authoritative regimes and shield themselves against hyperinflation. And now, with U.S. President Donald Trump threatening to intervene in local affairs in Colombia and Iran, that survival strategy could gain even greater traction.
