Blockchain Report on Nostr: Venezuela's USDT trading volume reached $1.389 billion in one month, approaching oil ...
Venezuela's USDT trading volume reached $1.389 billion in one month, approaching oil export value. Between June 11 and July 13, the Binance P2P market in Venezuela saw cumulative transactions of approximately 1.389 billion USDT, averaging around 44 million USDT daily. Ecoanalítica estimates this volume to be equivalent to about 75% of the country's monthly oil export revenue and a significant portion of the Venezuelan central bank's foreign exchange supply in June. The local over-the-counter USDT price has climbed to approximately 840 Bolivars, a 15.5% premium over the official exchange rate, according to CriptoNoticias.
#crypto #blockchain #news
Published at
2026-07-17 01:35:18 UTCEvent JSON
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"pubkey": "c215990326b98e7fff0ccbc865c159332802d9fd39ffa281ec0f8949bd2a3113",
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"content": "Venezuela's USDT trading volume reached $1.389 billion in one month, approaching oil export value. Between June 11 and July 13, the Binance P2P market in Venezuela saw cumulative transactions of approximately 1.389 billion USDT, averaging around 44 million USDT daily. Ecoanalítica estimates this volume to be equivalent to about 75% of the country's monthly oil export revenue and a significant portion of the Venezuelan central bank's foreign exchange supply in June. The local over-the-counter USDT price has climbed to approximately 840 Bolivars, a 15.5% premium over the official exchange rate, according to CriptoNoticias.\n\n#crypto #blockchain #news ",
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}
