The use of stablecoins will increase in Venezuela as the Bolivar weakens.

2025-12-20 14:18:57

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The adoption of stablecoins in Venezuela is accelerating as the economic instability worsens and the bolívar continues to depreciate, according to TRM Labs. Amid declining trust in the traditional banking system and an uncertain financial regulatory framework, Venezuelans are increasingly turning to digital assets for daily transactions.

Peer-to-peer platforms and USDT have become effective alternatives to retail banks, supporting salary payments, remittances, transactions with suppliers, and cross-border shopping. Stablecoins now serve not only as a store of value but also as a popular means of payment in everyday life.

This trend is driven by hyperinflation, limited access to financial services, and ongoing geopolitical tensions between Venezuela and the US. The lack of clarity in the management by the national cryptocurrency regulator SUNACRIP also contributes to the increased use of blockchain-based solutions.

According to Chainalysis’s 2025 Cryptocurrency Adoption Index, Venezuela ranks 18th globally in crypto usage and rises to 9th when adjusted for population size. At the same time, major corporations like Western Union and Visa are expanding into stablecoins, demonstrating strong momentum from global organizations.

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