Venezuela Bolivar Crisis Sends USDT Demand Soaring on Binance P2P

Jun 16, 2026 - 19:45
Venezuela Bolivar Crisis Sends USDT Demand Soaring on Binance P2P
Tether (USDT) in Venezuela has risen about 16% against the bolivar over the past 30 days, climbing from near 690 bolivars to a high of 810 on Binance peer-to-peer markets. The move tracks a fast expansion of bolivars in circulation. Meanwhile, access to physical cash through official banks continues to shrink. Chart showing the USDT...

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