2026-01-20 04:31:45

There is a noticeable fluctuation in Venezuela's fiat currency market. Starting from January 7, the price of USDT against the Bolivar has been steadily declining, with a total drop of about 40%, returning to the level seen in December of last year. In the P2P trading market, this decline is even more pronounced—USDT quotes plummeted from a high of 880 Bolivars to around 500 Bolivars, with a very steep downward trend. Data from local compliant trading platforms Kontigo and Crixto also confirm this trend, with USDT and USDC quotes fluctuating within the range of 450-456 Bolivars. This adjustment reflects a structural change in the supply and demand relationship for stablecoins in the Venezuelan market.

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Degen4Breakfast

· 13h ago

Bro, this wave of market行情 really is incredible, Venezuela's stablecoin got cut in half --- 880 dropped to 500? How many people did that kill? That's hilarious --- Change in supply and demand? Basically, the market is having issues --- Feels like there are big funds dumping, this rhythm doesn't feel right --- The Bolivar's move was really fierce, from a different perspective, could this be a bottom-fishing opportunity? --- A 40% drop and still calling it a correction? That's already a crash, okay --- Friends in Venezuela are probably crying right now --- Structural changes are just a euphemism, clearly there's a problem --- The gap between the P2P market and official platforms is so big? Information asymmetry

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ForkThisDAO

· 13h ago

Venezuela's recent drop is crazy, dropping from 880 directly to 500? It seems like there's really an issue on the stablecoin supply side, otherwise it wouldn't be this intense.

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Anon32942

· 13h ago

Venezuela's recent adjustment is intense, dropping directly from 880 to 500? Is it due to supply and demand imbalance or are there some dumpers?

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MysteryBoxBuster

· 13h ago

Venezuela's recent stablecoin plunge, feels like another crash is coming... Has the supply and demand structure changed? Or is there some other issue?

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