planvenezuelarenace

## Social credit, but with a whiff of liquidity
The national government, through the Banco del Tesoro, launched the Venezuela Renace Plan, a program of direct loans and subsidies for families that lost their homes after the double earthquake that shook the state of La Guaira. In a country with high de facto dollarization, any injection of bolívares into the system triggers a domino effect: more liquidity, more pressure on the exchange rate, and, of course, more activity at P2P desks for USDT.

📊 From the camp to writing: what the Treasury Bank announced
Public banking took further action again in the Venezuela Renace Plan. This time, the Treasury Bank provided new financing and property documentation to families who were left without homes after the double earthquake on June 24, as reported by national banking-sector media.
The most discussed case is that of Eva Marina Marín Cardona, who lived in the Hugo Chávez housing development in Catia La Mar and saw the walls of her apartment give way that day. After going through SAREN and completing the requirements, she managed to relocate to Montalbán with her husband and son. In parallel, six other families staying in the temporary camp José Gervasio Artigas, in Catia, received the paperwork for their new homes in El Mirador de Caiza, in the Tuy Valleys.