The Venezuelan USDT has risen by approximately 16% in the local P2P market over the past 30 days, with prices rising from around 690 bolivars to over 800 bolivars at one point. During the same period, Venezuela's currency liquidity increased by approximately 23.26%, with an increase of over 131% since the beginning of the year. The rapid expansion of Bolivar supply, insufficient supply of US dollars by banks, and restrictions on foreign exchange purchases have prompted businesses and residents to turn to P2P platforms such as Binance to purchase USDT for hedging purposes. Due to some local merchants using USDT prices as a daily pricing reference, the increase in stablecoin premiums is also being transmitted to product and service prices. https://(wublock123.com)/news/venezuela-usdt-p2p-market-up-16-percent-30-days-62892