sharing some thoughts on the role of stablecoins in venezuela i've been receiving stablecoins as payment since 2021, and in the last couple years i've seen their role expand far beyond savings or remittances icymi, in venezuela, stables (mostly USDT) have become part of everyday life. food spots are starting to accept them and there's even a local ride app where you can pay in usdt directly. people have been trading stables p2p for years but now they can also spend them directly too people here would rather hold usdt than bolívares or even physical usd. it's more stable, more liquid and easier to move some also trade the spread between bolívar and usdt, and use stables to save, send money abroad, or escape fiat volatility and this isn’t just happening in venezuela: - latam leads the world in stablecoin usage relative to gdp - visa and bridge launched stablecoin-backed cards across argentina, colombia, mexico, peru, chile, and ecuador and this launch happened because people were already using stables here every day, visa just jumped on a use case that was already working in latam, adoption is mostly driven by necessity. stablecoins fill the gap left by inefficient financial systems, that's why this region has become key for real world crypto usage don't sleep on latam and let's officially retire the take that stablecoins are 'mostly for trading or yield', it's an ignorant take at this point