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. According to market data, the peso-like bolívar has quoted around 267 per US dollar on December 12, 2025, after roughly 254 on December 5, showing how fast the local currency can move. Why The Shift Is Accelerating Based on reports from exchanges and on-chain firms, inflation has been estimated in the 100s–200s% range year-on-year in 2025. Prices rise fast under those conditions. Wages lose value within days, sometimes hours. To avoid that loss, workers, freelancers and small shops are turning to stablecoins tied to the US dollar, which hold value better than the local currency. Stablecoins As Daily Money USDT is now being used for groceries, rent and even salaries in several cities. Peer-to-peer platforms and small crypto desks help users swap between bolívars and stablecoins without...

https://bitcoinist.com/venezuelas-currency-troubles-drive-stablecoin-use-higher-research/