Venezuela travellers cheques as proto stablecoins. This report introduces and develops the theoretical construct of the “Analogue Stablecoin” - a financial instrument that, in the pre-digital era, fulfilled the core functions that cryptocurrencies such as USDT and USDC perform in the contemporary global economy.

Venezuela travellers cheques as proto stablecoins. This report introduces and develops the theoretical construct of the “Analogue Stablecoin” - a financial instrument that, in the pre-digital era, fulfilled the core functions that cryptocurrencies such as USDT and USDC perform in the contemporary global economy.
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