By Emir Abyazov Key highlights: Venezuela’s USDT replaces bolivar for groceries, bills, and salaries Stablecoins account for 47% of small crypto transactions in Venezuela Three dollar rates, one popular choice, and a surge in crypto adoption Venezuelans are increasingly using stablecoins in daily transactions as inflation soars to 229% year-on-year. USDT has become a reliable […]
Tag: Nigeria
By ItalianCannon Key Points: Trade policies such as tariffs and sanctions directly influence currency values by altering supply and demand dynamics across borders Cryptocurrencies are increasingly impacted by geopolitical trade tensions, despite their decentralized nature Sanctioned nations are turning to digital assets as alternative financial channels to bypass international restrictions The U.S.-China trade conflict has […]
By Emir Abyazov Donald Trump suspended tariffs for 90 days On the evening of April 9, 2025, U.S. President Donald Trump announced a 90-day suspension of reciprocal tariffs. The decision triggered a sharp rise in stock markets. The move came as a surprise as Trump had previously insisted on continuing the policy of high tariffs, […]