Tag
Venezuela
17 articles
Venezuela Uses Stablecoins to Bypass SWIFT During Sanctions
Venezuela's reliance on stablecoins for international trade and purchasing power protection demonstrates blockchain infrastructure's utility in environments with restricted access to traditional finance.
Venezuela's Stablecoin Adoption Tests Blockchain as Sanctions Workaround
On-chain dollar flows and peer-to-peer markets in Venezuela demonstrate stablecoins operating as functional financial rails outside traditional banking, driving adoption of Layer 2s and high-speed chains.
Venezuela's Stablecoin Adoption Tests L1 and L2 Throughput as Sanctions Drive Real-World Demand
Sanctioned from the U.S. dollar system, Venezuela has adopted digital dollars for trade, creating a stress test for blockchain throughput and a new demand driver decoupled from crypto market cycles.
Steve Schmidt Calls Bessent 'Worst Treasury Secretary in History'
The former political strategist issued a sharp critique of Treasury Secretary Scott Bessent following his congressional testimony on the national debt and Venezuelan oil funds.
India's ONGC Videsh Eyes Venezuela Oil Recovery After U.S. Sanctions License
ONGC Videsh received U.S. approval in July 2026 to resume Venezuelan operations and recover more than $500 million in frozen dividends from two major projects.
Venezuela Accepts Stablecoins as Sanctions Block Dollar Access
Locked out of U.S. dollar clearing, Venezuela is using USDT and USDC for cross-border trade — a live test of stablecoins as sovereign workaround.
Colombia Orders Crackdown on Undocumented Migrants
President Abelardo de la Espriella announced operations to detain and deport irregular immigrants, adopting stricter migration policies aligned with the Trump administration.
Venezuela's Arbitration Concession Attracts First U.S. Oil Deals
Oil Minister Paula Henao secured contracts with SLB and Hunt Oil by embedding foreign arbitration rights into Venezuela's revised hydrocarbons framework, but U.S. sanctions authority remains the limiting variable.
Venezuela Routes Oil and Trade Payments Through USDT as Sanctions Block Dollar Access
Cut off from correspondent banking, Venezuela settles international transactions in dollar-pegged stablecoins — a live stress test no sandbox could replicate.
Venezuela Routes International Payments Through Stablecoins as Banking Rails Stay Blocked
Cut off from correspondent banking, Venezuela is settling cross-border trade in USDT and USDC — a live stress test for on-chain dollars at sovereign scale.
Venezuela Routes Dollar Payments Through Stablecoins as Sanctions Block Banking Access
Cut off from correspondent banking, Venezuela settles cross-border transactions in dollar-pegged stablecoins — a live test of whether blockchain rails can replace SWIFT for a sanctioned economy.
Venezuela Settles Trade in Stablecoins as Sanctions Cut Off Dollar Banking
Locked out of correspondent banking, Venezuela routes cross-border payments through USD-pegged tokens — a sovereign-scale test of on-chain dollar settlement.
Venezuela's Dollar Ban Made Stablecoins' Best Argument
Cut off from correspondent banking and dollar settlement, Venezuela routes cross-border payments through USDT and USDC—a live test no white paper could manufacture.
Venezuela's Dollar Freeze Made Stablecoins Work Outside Crypto
Cut off from correspondent banking and SWIFT settlement, Venezuela has routed trade through USDT and USDC — giving stablecoins their clearest proof of utility in real-economy commerce.
Energy Dept. Stalls on Venezuelan Oil as U.S. Refiners Reject Prices
U.S. refiners are refusing to meet price demands for roughly 50 million barrels of Venezuelan crude, stalling a Trump administration initiative and alarming domestic shale producers.
U.S. Calls for ICC's Dismantlement, Backs Venezuela's Exit From Rome Statute
Washington declared the court 'neither credible, independent, nor legitimate,' urging all member nations to withdraw and deepening a rift with European allies.
Venezuela Deports Alex Saab to U.S.—Washington Eyes Maduro's Financial Secrets
The move ends a long legal battle for the alleged money launderer, giving U.S. prosecutors a direct line to intelligence on Venezuela's sanctions evasion and illicit wealth