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Venezuela, Argentina, Bolivia, and Turkey rely on USDT as a lifeline dollar

Tether reveals that four crisis-hit economies heavily use USDT as a safe-haven currency.

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The fact

Venezuela, Argentina, Bolivia, and Turkey rely on this stablecoin, according to IMF and Chainalysis data.

This adoption reflects distrust in local currencies and financial restrictions.

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Why it matters

Cette dépendance expose les populations à la volatilité des stablecoins et limite la souveraineté monétaire des États concernés, tout en accélérant l’adoption des cryptomonnaies dans les économies instables.

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