On January 21, news reports indicate that the local USDT price in Venezuela has plummeted by over 40% in the past 10 days. The gap between the USDT price and the official central bank exchange rate has significantly narrowed to about 31%, sparking intense market attention on the country's dollar demand and economic trends. This change is seen as a direct reflection of the recent improvement in foreign exchange supply expectations following U.S. intervention, making "Venezuela USDT trend" and "Dollar demand changes" key topics in the regional crypto market. Since the beginning of the year, Venezuela's political situation has experienced significant volatility. In early January, the U.S. took action against Nicolás Maduro, which temporarily increased market uncertainty. However, during Delcy Rodríguez's administration, the Venezuelan government reached several new oil agreements with the U.S., leading to an improved outlook for foreign exchange inflows. As oil revenues and potential international funding recover, the dollar demand measured in USDT has started to cool down, and local buyers are no longer rushing to purchase stablecoins at high prices.
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On January 21, news reports indicate that the local USDT price in Venezuela has plummeted by over 40% in the past 10 days. The gap between the USDT price and the official central bank exchange rate has significantly narrowed to about 31%, sparking intense market attention on the country's dollar demand and economic trends. This change is seen as a direct reflection of the recent improvement in foreign exchange supply expectations following U.S. intervention, making "Venezuela USDT trend" and "Dollar demand changes" key topics in the regional crypto market. Since the beginning of the year, Venezuela's political situation has experienced significant volatility. In early January, the U.S. took action against Nicolás Maduro, which temporarily increased market uncertainty. However, during Delcy Rodríguez's administration, the Venezuelan government reached several new oil agreements with the U.S., leading to an improved outlook for foreign exchange inflows. As oil revenues and potential international funding recover, the dollar demand measured in USDT has started to cool down, and local buyers are no longer rushing to purchase stablecoins at high prices.