Venezuela zeigt, wie Einheimische sich dem von Tether ausgegebenen USDT-Stablecoin zuwenden, während die Regierungen ins Wanken geraten

tldr; Amid political and economic instability in Venezuela, locals have increasingly turned to the Tether-issued USDT stablecoin to protect their savings from hyperinflation and government control. USDT, a dollar-pegged digital token, has become a popular tool for remittances and preserving wealth in emerging markets. However, surges in demand can cause price fluctuations, highlighting liquidity issues. Despite risks, stablecoins like USDT offer a critical financial lifeline in regions with unstable currencies and repressive regimes.

*This summary is auto generated by a bot and not meant to replace reading the original article. As always, DYOR.

when your government’s fiat turns into some deeper shit, stablecoins can save you