Live Crypto News with @Bitcoin Bo - Jan 12th
Venezuela’s state oil company is reportedly using Tether’s USDT to keep oil exports moving under international sanctions, according to the Wall Street Journal.
With banks largely cut off, oil buyers are paying in digital dollars instead of wire transfers. The same stablecoins are now widely used by Venezuelans as inflation crushes the bolívar.
As markets react to political shock and rising uncertainty, the story highlights how stablecoins are reshaping oil trade, sanctions enforcement, and everyday money use worldwide.
