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Venezuelan Oil Company Hopes To Circumvent U.S. Sanctions After Failed Crypto Introduction In 2018: Reuters
Venezuela's state-owned oil company PDVSA is considering using Tether (USDT) to evade new U.S. sanctions. PDVSA aims to rely on USDT as protection against frozen foreign bank accounts. Tether, the largest stablecoin pegged to the U.S. dollar, is being explored as an alternative. However, Venezuela's previous attempt to adopt cryptocurrency in 2018 was unsuccessful. #Gate Post # Gate post Highlights #GateioBountyCreator #BountyCreator #HotTopicDiscussion