The USDT at these prices, my recommendation: buy or I won't explain!!!
In Venezuela, we've experienced great turmoil in recent days; political instability is higher than ever. It seems that 26 years of Chavismo are on the verge of collapse, or not, and it's precisely here that we observe the excessive increase in the dollar. Expect the country to calm down; the coming weeks could be crucial to observe how the year unfolds.
The BCV's credibility is nonexistent.
The liquidity on Binance is solid and has gained significant trust from Venezuelan users.
If the situation calms down, we may see a revived gap between USDT and BCV, but if the problem worsens, the difference between both could easily exceed 200%.
We need to see what stance the new "presidenta" takes.
#economy
In Venezuela, we've experienced great turmoil in recent days; political instability is higher than ever. It seems that 26 years of Chavismo are on the verge of collapse, or not, and it's precisely here that we observe the excessive increase in the dollar. Expect the country to calm down; the coming weeks could be crucial to observe how the year unfolds.
The BCV's credibility is nonexistent.
The liquidity on Binance is solid and has gained significant trust from Venezuelan users.
If the situation calms down, we may see a revived gap between USDT and BCV, but if the problem worsens, the difference between both could easily exceed 200%.
We need to see what stance the new "presidenta" takes.
#economy
