In the last 24 hours, the behavior of USDT (Tether) in Venezuela can be summarized as follows:
📈 Exchange Rate and Recent Trend
Price in P2P Market (Binance / Bybit): The exchange rate on P2P platforms is quoted at around 1,015.80 – 1,017.80 VES per USDT.
24-Hour Variation: It has remained in a phase of relative stability and sideways consolidation, registering an almost neutral variation (close to 0.00% to 0.03% fluctuation).
Official Reference Exchange Rate (BCV): The official market rate is around 874.50 – 875.65 VES per USD.
Exchange Gap: The gap between the dollar/USDT in the parallel market (P2P) and the official rate of the Central Bank of Venezuela is around 16.1%.
💡 Market Factors
P2P Dynamics: Platforms such as Binance and Bybit continue to concentrate most of the daily transaction volume. Buy and sell prices usually show slight divergences of less than 1% between platforms depending on the liquidity of the payment method used (e.g., Pago Móvil vs. specific bank transfers).
Underlying Stability: On a global level, Tether's value remains stably pegged close to 1.00 USD, so the variations observed in Venezuela are mainly due to the local supply and demand for bolivars.
#USDTfree #USDT🔥🔥🔥
📈 Exchange Rate and Recent Trend
Price in P2P Market (Binance / Bybit): The exchange rate on P2P platforms is quoted at around 1,015.80 – 1,017.80 VES per USDT.
24-Hour Variation: It has remained in a phase of relative stability and sideways consolidation, registering an almost neutral variation (close to 0.00% to 0.03% fluctuation).
Official Reference Exchange Rate (BCV): The official market rate is around 874.50 – 875.65 VES per USD.
Exchange Gap: The gap between the dollar/USDT in the parallel market (P2P) and the official rate of the Central Bank of Venezuela is around 16.1%.
💡 Market Factors
P2P Dynamics: Platforms such as Binance and Bybit continue to concentrate most of the daily transaction volume. Buy and sell prices usually show slight divergences of less than 1% between platforms depending on the liquidity of the payment method used (e.g., Pago Móvil vs. specific bank transfers).
Underlying Stability: On a global level, Tether's value remains stably pegged close to 1.00 USD, so the variations observed in Venezuela are mainly due to the local supply and demand for bolivars.
#USDTfree #USDT🔥🔥🔥