Venezuelan Banks to Support Bitcoin and Stablecoins

The post Venezuelan Banks to Support Bitcoin and Stablecoins appeared first on Coinpedia Fintech News

Conexus, handling around 40% of Venezuela’s electronic transfers, is developing a system to integrate Bitcoin and stablecoins like USDT into the country’s banking network. This new platform will allow banks to offer custody, transfers, and fiat exchange services for crypto assets with bank-level security. The initiative responds to the growing local demand for stablecoins as a hedge against currency devaluation. The system is expected to launch in December 2025, marking a major step in Venezuela’s digital finance evolution.