Yes, because this drop has caused, in some way, losses for those people who bought USDT at high prices and now it has dropped to almost half.
Namm66
·
--
USDT Dollar Approaches BCV
The USDT in Venezuela has been decreasing significantly, creating a gap with the official BCV rate, with the P2P (Peer-to-Peer) market showing higher prices due to high demand as a store of value, although there have been attempts at unification and a recent drop in the price of USDT in the P2P market (parallel dollar), getting closer to the official BCV price in January 2026, driven by injections of physical currency in banks and the massive sale of USDT by users to buy physical dollars at the BCV rate.
Disclaimer: Includes third-party opinions. No advice. Binance AI may be used without guarantee.See T&Cs.
1
240
Join global crypto users on Binance Square
⚡️ Get latest and useful information about crypto.