🌊 Tsunami

Highlights Day 4 hit the streets of Maturín, Venezuela, sharing cookies, arepas with cheese, and fresh juice while introducing people to FLOKI. Simple gestures, real conversations, and smiles all around! Vote here:

Highlights Day 4 hit the streets of Maturín, Venezuela, sharing cookies, arepas with cheese, and fresh juice while introducing people to FLOKI. Simple gestures, real conversations, and smiles all around! Vote here:
𝕏/@FLOKI •
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Economist proposes a national USD stablecoin for Venezuela to eliminate currency controls and hyperinflation. The plan suggests a digital dollar to bypass banking restrictions, restoring transaction stability and purchasing power for citizens in the struggling economy.

Economist proposes a national USD stablecoin for Venezuela to eliminate currency controls and hyperinflation. The plan suggests a digital dollar to bypass banking restrictions, restoring transaction stability and purchasing power for citizens in the struggling economy.

news.bitcoin ·

Kontigo, a Venezuela-focused stablecoin neobank, suffered a security breach that led to about $340K in USDC being drained from 1,005 customer wallets. The firm immediately isolated affected systems and publicly vowed to reimburse 100% of all impacted users.

Kontigo, a Venezuela-focused stablecoin neobank, suffered a security breach that led to about $340K in USDC being drained from 1,005 customer wallets. The firm immediately isolated affected systems and publicly vowed to reimburse 100% of all impacted users.

crypto.news ·

Crypto kept Venezuela’s oil trade alive. Over years of aggressive US sanctions on the country, an economist says 80% of Venezuela’s oil trade has been collected in USDT, as a fast & secure alternative, bypassing American sanctions.

Crypto kept Venezuela’s oil trade alive. Over years of aggressive US sanctions on the country, an economist says 80% of Venezuela’s oil trade has been collected in USDT, as a fast & secure alternative, bypassing American sanctions.

Paragraph ·

TRM says U.S. sanctions have pushed Venezuela to rely on USDT and informal P2P crypto markets, creating both vital financial access and heightened sanctions-evasion risks as U.S.

TRM says U.S. sanctions have pushed Venezuela to rely on USDT and informal P2P crypto markets, creating both vital financial access and heightened sanctions-evasion risks as U.S.

decrypt.co ·

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.

insights4vc.substack ·

Tether is set to freeze wallets using $USDT evading sanctions on oil exports in Venezuela

Tether is set to freeze wallets using $USDT evading sanctions on oil exports in Venezuela

𝕏/@coindesk ·

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