Venezuela Cryptocurrency: A Glimpse into Sanction Evasion Tactics
Venezuela cryptocurrency has emerged as a vital lifeline for the nation grappling with an escalating economic crisis, fueled by hyperinflation and stringent international sanctions.Amidst these formidable challenges, local entities, particularly Venezuela’s National Oil Company, PDVSA, are increasingly utilizing USDT, a popular stablecoin, to navigate financial quagmires and maintain cash flows.