New Trends in Cryptocurrency in Venezuela! As inflation continues, more and more Venezuelans are choosing cryptocurrency instead of the US dollar to protect their assets. 💰
According to the latest reports, stablecoin trading has accounted for half of the total cryptocurrency trading volume in the country. This trend shows people's trust and reliance on stablecoins. 📈
Cryptocurrencies like Bitcoin are not only used for everyday transactions but have also become a popular choice for receiving remittances. Despite the lack of regulation in exchanges, the government still 'tolerates' their existence as they help bring in foreign exchange. 🔍
In this challenging economic environment, cryptocurrency has become a powerful tool for Venezuelans to cope with currency devaluation.