How Venezuela Survives Hyperinflation

Venezuela’s economy is collapsing under hyperinflation—229% in 2024 alone—and citizens are turning to “Binance dollars” (USDT stablecoins) as their lifeline. With trust in the national currency, the bolívar, completely eroded, Venezuelans now rely on stablecoins for everyday transactions, savings, and survival.

In this video, we’ll explore how USDT adoption in Venezuela is transforming stablecoins into real-world currencies, why Binance P2P markets dominate local commerce, and what this means for the future of stablecoins across the Global South. Could this be the ultimate proof that stablecoins, not Bitcoin, are the real everyday money of crypto? We’ll also discuss the broader implications for global finance, government policies, and how stablecoin adoption could reshape monetary systems worldwide.

Do you think stablecoins will outpace Bitcoin and Ethereum in real-world use, or is this just a short-term solution for collapsing economies? Share your thoughts in the comments 👇

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