I buy USDT with devalued bolivars, at whatever price .. I invest that and it returns to me in profits in USDT in less than a month, I sell it on P2P, and I earn 25% more at the BCV rate
Post
Luxerius
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Why in Venezuela 1 dollar does not equal 1 USDT?
I write this article tired of reading that a physical dollar is equal to a USDT dollar within Venezuelan territory.
In theory, each USDT (Tether) should be worth the same as 1 US dollar. However, in Venezuela, that parity is broken in practice: a physical $1 bill does not always translate to 1 USDT when exchanged within the country.
The reason lies in the fees, intermediaries, and the conversion of physical money to digital, a process where part of the value is lost.
In theory, each USDT (Tether) should be worth the same as 1 US dollar. However, in Venezuela, that parity is broken in practice: a physical $1 bill does not always translate to 1 USDT when exchanged within the country.
The reason lies in the fees, intermediaries, and the conversion of physical money to digital, a process where part of the value is lost.
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