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Venezuelans rush to stablecoins as bolivar instability deepens

Venezuela retail users turned to USDT as a solution to hyperinflation, relying on P2P exchanges. The stablecoin is also used ...

Venezuela to subtract six zeros from currency, second overhaul in three years

CARACAS - Venezuela on Friday will launch its second monetary overhaul in three years by cutting six zeros from the bolivar currency in response to hyperinflation, simplifying accounting but doing ...
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What is the name of Venezuela's currency? They had to print a 1 million bolivar note; its value is so low compared to the Indian rupee.

Venezuela is an oil-rich country on the South American continent. Last week, the US carried out a military operation in Caracas, the capital of Venezuela, and apprehended President Nicolás Maduro and ...