Demand for USDT Falls in Venezuela: Implications for Custodians and Issuers

Peer-to-peer USDT quotes in Venezuela fell from roughly 900 bolívars to a 344–500 range in about two weeks, marking a drop of more than 40%. Analysts tied the swing to a sudden increase in foreign-currency availability linked to recent U.S. geopolitical actions and new oil agreements, alongside fading panic-driven buying.