Venezuela Turns to Crypto: Economic Lifeline or Risky Bet?

Sanctions busting with crypto? Find out how Venezuela is quietly embracing dollar-pegged cryptocurrencies like Tether (USDT) to bypass U.S. restrictions and keep its economy afloat. With oil revenues dwindling and traditional dollar access blocked, Venezuelan businesses are turning to crypto to import essential goods and pay suppliers. Discover how this crypto workaround is evolving and why it may be crucial for Venezuela's economic survival. Hosted on Acast. See acast.com/privacy for more information.