USDT Price in Venezuela Falls 40% From Around 800 to 500 Bolivars Since January 7 Trading
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- USDT price in Venezuela drops 40% since January 7 on peer-to-peer platforms.
- Binance P2P quotes fell from around 800 bolivars to near 500 bolivars.
- Analysts attribute the decline to positive economic expectations, not technical issues.
The price of Tether’s USDT stablecoin in Venezuelan bolivars has declined approximately 40% on cryptocurrency exchange platforms since January 7. The drop reverses gains seen at the beginning of the year, returning the rate to levels last observed in December 2025.
Data from P2PArmy shows the digital currency price on Binance’s peer-to-peer market has fallen sharply over the two-week period. Quotes briefly dropped from around 800 bolivars per USDT to near 500 bolivars during the decline. Platforms authorized to operate in Venezuela with digital assets display similar pricing patterns.
Exchange Platforms Show Bolivar Depreciation A…
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