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Stablecoin Adoption Skyrockets in Venezuela as Hyperinflation Ravages National Currency
Stablecoin Adoption Skyrockets in Venezuela as Hyperinflation Ravages National Currency
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Venezuelans are fleeing the bolivar's collapse—turning to dollar-pegged digital assets for survival.
The Great Hedge
As the bolivar implodes, stablecoins provide a lifeline. Families now preserve purchasing power through USDT and USDC—bypassing government controls that once trapped wealth in failing banks.
P2P networks flourish where traditional finance fails. Daily transaction volumes hit unprecedented levels—no official data needed when desperation speaks louder than statistics.
Local merchants increasingly accept crypto payments. They're not betting on technology—they're fleeing monetary arson.
Another brilliant case of citizens inventing sound money while central bankers play with spreadsheets.
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