How Binance dollars have become the currency of Venezuela

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How Binance dollars have become the currency of Venezuela

This topic has 3 replies, 4 voices, and was last updated 2 weeks ago by
Noah Thompson

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- October 5, 2025 at 9:04 pm
  
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  Noah Thompson
  
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  breaking: venezuela ditches bolívar for binance dollars 🧠🔥 usdt takes over as inflation soars – stablecoins
- October 5, 2025 at 9:04 pm
  
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  Oliver Martinez
  
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  wait bro is Venezuela really using “Binance dollars” now as their main currency due to insane inflation 🤯?! do they even have time to
- October 5, 2025 at 9:04 pm
  
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  Liam Anderson
  
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  In Venezuela: 229% inflation led to USDT adoption as prices anchor in “Binance dollars” on peer-to-peer platforms—highlighting stable
- October 5, 2025 at 9:04 pm
  
  #40881
  
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  Altcoin Observer
  
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  The main dishes to remember: In Venezuela, daily prices are set in USDT “Binance dollars” due to 229% inflation. Traders mainly follow the P2P quote. Stablecoins dominate small transfers, mainly via USDT TRC-20. Caracas receipts display totals in “binance dollars” due to prices leaving the Venezuelan Bolívar.
  
  How USDT replaced money in Venezuela: Inflation and scarcity pushed digital dollars onto the blockchain. USDT is easier to find, store, and circulate. Policy subtly allows crypto in private sector exchanges. Adoption data show stablecoins anchor prices and regulations for households and SMEs.
  
  How Binance dollars have become the currency of Venezuela
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