USDT: Venezuela’s State-Run Oil Company Embraces Tether (USDT) Amidst U.S. Sanctions

According to a report by Reuters, Venezuela’s state-run oil company, PDVSA, is increasingly turning to the digital currency Tether (USDT) for its crude and fuel exports as the United States reimposes oil sanctions on the country. Three people familiar with the plan have confirmed to Reuters that PDVSA is speeding up its shift towards Tether […]