Stablecoin usage in Venezuela likely to keep expanding amid economic instability
Venezuelans are already heavily reliant on blockchain technology for banking after suffering through a decade of economic pressures; however, usage is likely to keep growing if conditions worsen in the South American country, blockchain intelligence firm TRM Labs says.
As regional and geopolitical tensions continue to rise, driven in part by US-Venezuela tensions, causing macroeconomic instability and the bolívar’s continued devaluation,
the TRM Labs team predicted in a report on Thursday that demand for stablecoins as both a store of value and a medium of exchange will rise.
At the same time, regulatory ambiguity and continued uncertainty surrounding the country’s crypto regulator, SUNACRIP’s, authority and enforcement capacity, and eroding trust in traditional banking infrastructure could prolong the population’s dependence and drive more usage.
“Absent a material shift in Venezuela’s macroeconomic conditions or the emergence of cohesive regulatory oversight, the role of digital assets — particularly stablecoins — is poised to expand.”
Venezuela is 18th globally for crypto adoption, the Chainalysis 2025 Crypto Adoption Index report found, but its rank increased to 9th when adjusted for population size.
Peer-to-peer transactions a key service for Venezuelans
Peer-to-peer (P2P), transfers made from one person to another through an intermediary, along with USDT (USDT) to-fiat conversions, have emerged as key services Venezuelans are using in the absence of reliable domestic banking channels, according to TRM Labs.
The blockchain intelligence firm tracked Venezuelan IP addresses and found that more than 38% of site visits were to a lone global platform that offers P2P trading functionality, which underscores its “role in facilitating crypto access in Venezuela’s low-banking environment.”
“A significant share of crypto-to-fiat activity is facilitated through platforms supporting informal settlement rails — even amid reports of intermittent service disruptions.”
“Local platforms also play a key role, particularly those offering mobile wallets and bank integrations suited to domestic users,” the team added.
Venezuela’s crypto industry created out of desperate necessity
Venezuela’s crypto ecosystem is ultimately the product of nearly a decade of economic collapse, international sanctions pressure, and state experimentation with digital financial alternatives, the TRM Labs team said.
Stablecoins, especially USDT, play an important role in household and commercial transactions in Venezuela, and despite compliance and sanction evasion concerns, stablecoins remain “overwhelmingly driven by necessity rather than speculation or criminal intent.”
“For most Venezuelans, stablecoins now operate as a substitute for retail banking — facilitating payroll, family remittances, vendor payments, and cross-border purchases in the absence of consistent domestic financial services.”
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The ICP Surge: Unpacking a 30% Jump and Its Driving Factors
- ICP surged 30% in late October 2025 amid speculation and institutional adoption, driven by Microsoft/Azure partnerships and AI upgrades like Caffeine. - On-chain data shows 35% growth in active addresses but 91% fewer token transfers during downturns, highlighting fragile retail-driven momentum. - TVL hit $237B via asset tokenization, yet dApp engagement dropped 22.4%, signaling volatility despite 40+ tech upgrades including Chain Fusion. - Analysts project $11.15–$88.88 price ranges by 2030, contingent

The Rise of a Structured Market for Clean Energy Derivatives and Its Influence on Institutional Investors
- CFTC's 2025 approval of CleanTrade and other platforms as SEFs transformed the opaque clean energy derivatives market into a transparent, institutional-grade ecosystem. - CleanTrade's $16B notional trading volume in two months highlights surging demand for standardized instruments, attracting BlackRock and Goldman Sachs to hedge decarbonization risks. - ESG-driven institutional investment in renewables reached $75B in Q3 2025, with global clean energy derivatives projected to grow from $39T to $125T by 2

The Rise of a Fluid Clean Energy Marketplace: How CleanTrade is Transforming Institutional Investment in Renewable Resources
- CleanTrade's CFTC-approved SEF platform transforms VPPAs, PPAs, and RECs into institutional-grade renewable energy commodities. - The platform addresses historic market issues like illiquidity and opacity, enabling $16B in notional trading volume within two months. - Industry giants Cargill and Mercuria validate clean energy as a serious asset class through strategic participation in the regulated market. - By aligning financial and ESG goals, CleanTrade creates scalable alpha opportunities as global cle

Clean Energy Market Dynamics and Investment Prospects: The Role of CFTC-Approved Platforms in Facilitating Institutional Participation
- CFTC-approved platforms like CleanTrade are transforming clean energy markets by standardizing derivatives and centralizing trading infrastructure, boosting institutional liquidity and transparency. - CleanTrade’s SEF designation in September 2025 enabled $16B in notional trades within two months, converting illiquid assets like RECs into tradable commodities with ESG-aligned risk management tools. - Institutional demand surged as 70% of large asset owners integrated climate goals, with IRA-driven clean

