Venezuela’s Currency Troubles Drive Stablecoin Use Higher — Research
Venezuela’s cash is losing value quickly. People and businesses are shifting to US-dollar stablecoins, especially USDT, to protect savings and make everyday payments. Related Reading: Not Just Crypto: Research Says XRP Is Moving Into Bank-Grade Payment Infrastructure According to market data, the peso-like bolívar has quoted around 267 per US dollar on December 12, 2025, […]
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According to reports, Visa has created a new stablecoin advisory service through its Visa Consulting & Analytics (VCA) division. Related Reading: Venezuela’s Currency Troubles Drive Stablecoin Use Higher — Research The initiative is designed to help banks, fintechs, merchants, and other large companies explore how stablecoins can be used for payments, treasury operations, and other […]
United States President Donald Trump said he would review the case of Keonne Rodriguez, a co-founder of the Samourai Wallet, and signaled he might consider clemency. Related Reading: Venezuela’s Currency Troubles Drive Stablecoin Use Higher — Research According to reporters present at a White House exchange, Trump said he would “take a look” and asked […]
North Korean-linked hackers are using fake Zoom calls to drain crypto wallets in what security researchers say has become a near-daily threat to the cryptocurrency community. According to multiple security reports, the campaign has already netted roughly $300 million in stolen funds and shows few signs of slowing. Related Reading: Venezuela’s Currency Troubles Drive Stablecoin […]
Venezuela’s peer-to-peer bitcoin activity has been extraordinary, whether measured as an absolute or relative to GDP, according to CoinDesk Research data.
Venezuela has ordered severe limits on bank withdrawals less than a week after India made changes to its cash currency precipitating long lines at the nation’s ATMs. Both of these government actions have led to an increase in interest on the digital currency, Bitcoin. Venezuela’s Superintendency of Banking Sector Institutions (Sudeban) forbade public and private banks from dispensing more than US $5.26 per day cash from branches or ATMs. Sudeban allows a maximum of four transactions allowing the withdrawal of up to approximately US $5. In the midst of crisis, Venezuela’s inflation has....