15 Dec
15Dec

The use of stablecoins in Venezuela is predicted to grow significantly in the near future, driven by the country's worsening economic situation and the continuous decline of the national currency, the bolívar.

For nearly a decade, Venezuelans have contended with hyperinflation, international sanctions, and scarce access to dependable financial services. In this environment, dollar-pegged stablecoins offer a dual benefit, serving as both a secure way to preserve savings and a practical medium for daily transactions, according to an analysis by the blockchain intelligence firm, TRM Labs.

TRM Labs points to the ongoing macroeconomic instability, exacerbated by US-Venezuela geopolitical tensions, as the primary catalyst for the continued adoption of these digital assets. The firm suggests that the role of stablecoins is set to expand unless there is a substantial improvement in Venezuela's economic condition or the implementation of clear regulatory oversight.

Adoption and Use

  • Global Rank: Venezuela ranks 18th globally in the Chainalysis 2025 Crypto Adoption Index, but it climbs to 9th place when adjusted for population size.
  • P2P Importance: Peer-to-peer (P2P) platforms have become critical financial tools. TRM Labs data shows that over 38% of Venezuelan crypto website traffic is directed to a single global P2P exchange platform.
  • Everyday Use: Stablecoins, such as Tether (USDT), are now integral to numerous daily economic activities, including payroll, remittances, payments to suppliers, and cross-border purchases. Local platforms offering mobile wallets and banking integration are also seeing increased adoption.

December 2025, Cryptoniteuae

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