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consecomercio

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Bimonetarism à la Peruvian? What it means for P2P and USDT in Venezuela## The proposal that shakes up the financial status quo The president of Consecomercio, José Gregorio Rodríguez, set off alarm bells in the economic debate by proposing the adoption of a bimonetary system in Venezuela, following the Peruvian model. This is not full dollarization, but allowing the bolívar and the dollar to circulate legally side by side, with an autonomous central bank and fiscal discipline. For those of us who live day to day with the P2P market and cryptocurrencies, this discussion is not theoretical: it is the formal recognition of a reality that already exists in the streets and in digital wallets.

Bimonetarism à la Peruvian? What it means for P2P and USDT in Venezuela

## The proposal that shakes up the financial status quo
The president of Consecomercio, José Gregorio Rodríguez, set off alarm bells in the economic debate by proposing the adoption of a bimonetary system in Venezuela, following the Peruvian model. This is not full dollarization, but allowing the bolívar and the dollar to circulate legally side by side, with an autonomous central bank and fiscal discipline. For those of us who live day to day with the P2P market and cryptocurrencies, this discussion is not theoretical: it is the formal recognition of a reality that already exists in the streets and in digital wallets.
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