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USDT trading in Venezuela rivals country’s oil exports

Covered by 3 sources · 3 articles

3 outlets - including Bitcoin, Crypto and Cryptobriefing - are covering this story. According to Econalitica, an economic consulting firm, Binance P2P volumes reached nearly 1.38 billion USDT between June 11 and July 13, a daily average of 44 million USDT. These numbers represent 75% of the national oil exports’ monthly vo…

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$1.38 Billion in One Month: How Venezuela’s Binance P2P Market Now Rivals Its Oil Exports
Bitcoin.com News Jul 17, 20:15 UTC

$1.38 Billion in One Month: How Venezuela’s Binance P2P Market Now Rivals Its Oil Exports

According to Econalitica, an economic consulting firm, Binance P2P volumes reached nearly 1.38 billion USDT between June 11 and July 13, a daily average of 44 million USDT. These numbers represent 75% of the national oil exports’ monthly vo…

Venezuela’s USDT trading now rivals oil exports as volume hits $1.39B
Crypto.news Jul 17, 04:05 UTC

Venezuela’s USDT trading now rivals oil exports as volume hits $1.39B

Venezuela traded $1.39B in USDT on Binance P2P in a month, as Ecoanalítica estimated volume reached 75% of monthly oil export value.

USDT trading in Venezuela rivals country’s oil exports
Crypto Briefing Jul 17, 01:49 UTC

USDT trading in Venezuela rivals country’s oil exports

USDT trading in Venezuela hit 75% of monthly oil exports as the sanctioned petrostate increasingly settles crude sales through Tether's stablecoin.