In Venezuela, every announcement about labor income ends up affecting the same place: the P2P exchange market. The reason is simple. When compensation comes in the form of bonuses rather than salary, money enters the economy irregularly, in varying amounts depending on the worker, and without a basis for benefits, vacation pay, or year-end bonuses. That changes how every household plans and, in turn, pushes more people to seek refuge in the digital dollar.
📊 What the proposal submitted to the tripartite committee contains
The secretary general of the Confederation of Venezuelan Workers (CTV), José Elías Torres, revealed that the government’s initial offer includes four quarterly increases of $40 each for 2027. Over the full year, the combined increase would amount to around $160. Union leaders received the proposal on October 19 and rejected it at first—not because of the amount, but because of the structure: these are bonuses, with no impact on salary.
The president had previously said there would be four quarterly increases, without specifying amounts, and set the growth of the previous quarter’s Gross Domestic Product as the benchmark. In other words, the adjustment is not tied to inflation or the cost of the basic basket, but to a macroeconomic indicator that may or may not be reflected in workers’ pockets.
📈 The key issue: a bonus is not a salary
The CTV demands that any increase affect social benefits, vacation pay, Christmas bonuses, overtime, and night shifts. That makes sense. A bonus can be paid, adjusted, or eliminated by administrative decision; a salary, by contrast, serves as the basis for everything else in the employment relationship and for calculating liabilities.
For years, the country has lived with a minimum wage frozen at 130 bolivars—a figure that was worth about $30 in March 2022 and today, at the official exchange rate, amounts to just pennies. The minimum comprehensive income announced on April 30 brings the total to $240 a month, but its structure is fragile: $200 from the Economic War bonus—which not all workers receive—and $40 for food, both paid in bolivars at the Central Bank of Venezuela’s exchange rate.
This is where the technical catch that matters to the foreign exchange market lies: if the component denominated in foreign currency is paid in bolivars at the official rate, and the official rate moves differently from the parallel rate, workers’ purchasing power erodes along the way.
🔎 What this means for P2P and USDT users
First, the psychological effect. Whenever income is announced in dollars but paid in bolivars through bonuses, confidence in payroll as a way to save declines. The result is predictable: families convert part of their paychecks to USDT as soon as they receive them—not to speculate, but to protect their money.
Second, the operational effect. The amounts that will enter the P2P market in 2027 will depend on how many workers actually receive each of those quarterly $40 increases. If the bonus is selective—as is the case today with the Economic War bonus—the flow will be smaller than the headline suggests. And if it is paid at the official exchange rate, the amount in bolivars will be adjusted each quarter, creating spikes in demand for stablecoins immediately after each deposit.
Third, the effect on digital banking. Venezuela already has a robust and widely used mobile payment infrastructure. When income is concentrated in bonuses paid through banking channels, those channels become the mandatory gateway to the system. From there, bolivars are exchanged for USDT on Binance P2P, through digital exchange houses, or in Telegram groups. The key question for P2P traders is always the same: how much of that flow is seeking a hedge, and how much is trying to exit the bolivar immediately?
💰 The labor debate the foreign exchange market is also watching
Fedecámaras takes a different position from the labor federations: it favors a comprehensive discussion of the labor market rather than addressing wages in isolation. The employers’ association is pushing for a complete legislative reform aligned with growth objectives. The government, employers, and unions continue to meet at tripartite tables with support from the International Labour Organization, but so far there have been no concrete results.
📖 Read the full article: https://pitbullchain.com/noticias/bono-de-us-40-trimestrales-sin-salario-la-lectura-del-p2p-en-usdt-069948
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$USDT \u003ct-76/\u003e \u003ct-78/\u003e \u003ct-80/\u003e \u003ct-82/\u003e #CTVwageincreases