USDT demand falls over 40% in Venezuela as exchange gap narrows

Beincrypto reports USDT demand in Venezuela has fallen by over 40% in the past 10 days, sharply narrowing the gap with the Central Bank’s official exchange rate.

Policy shifts and new oil agreements with the United States have raised expectations of greater foreign-currency supply; earlier in January the American capture of Nicolás Maduro injected market uncertainty and the government is now led by former vice president Delcy Rodríguez. On peer-to-peer platforms, USDT prices fell below 500 bolivars for the first time since December and the exchange-rate gap narrowed to almost 31%.

Analysts warn the correction may be temporary: the decline in USDT demand has not translated into lower living costs, food and service prices continue to rise, and the change remains unsupported by sustained foreign investment or structural inflows. Lasting stabilization, the analysis says, would depend on deeper reforms and a steady supply of external funding.

Key Topics

Crypto, Usdt, Venezuela, Venezuelan Central Bank, Delcy Rodríguez, Nicolás Maduro