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Verilumia

The Daily Verified Briefing

Markets

Venezuela's Binance P2P USDT trading rivals oil exports

Published 17 July 2026

Peer-to-peer trading of the stablecoin USDT on the Binance platform in Venezuela reached a record $1.389 billion over a recent one-month period, a volume that rivals the country's crucial oil exports and underscores a dramatic shift toward cryptocurrency as a primary channel for accessing foreign currency.

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