Venezuela's state oil company, PDVSA, is increasing its use of digital currencies, including USDT.
1 report, 1 independent
Updated Sep 5
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What happened
Venezuela's state oil company, PDVSA, is increasing its use of digital currencies, including USDT.
Who's involved
What this event is mainly aboutKeep exploring
The entities involved
Related events
- A dialogue was held concerning macroeconomic prospects and policy priorities involving Venezuela, the IMF, and the Central Bank.
- The United States claims a 20 percent stake in Venezuelan oil reserves, which are managed by PDVSA.
- PDVSA operates within the Venezuelan state structure.
- Venezuela carries the burden of PDVSA's sovereign debt default, with its risk benchmarked against U.S. Treasury bonds and compared to Argentina's debt market.
Coverage
Newest first; wire copies grouped- CoinspeakerVenezuelan Government Increases USDT Usage Due to Dollar Scarcity Venezuela’s government has quietly implemented a policy allowing increased use of Tether for private sector currency exchanges since