The post Venezuela’s USDT Adoption Gives U. S. Access to Key Financial Data appeared com. Venezuela’s widespread USDT adoption reveals how digital stablecoins replace cash amid severe dollar shortages and economic restrictions. Tether’s cooperation with U. S. agencies allows transaction monitoring, giving Washington valuable insights into Venezuelan financial and commercial activity. Venezuela’s use of the digital currency USDT provides valuable financial information to the United States. The public and traceable nature of these transactions offers a clear view of monetary movements within the country. USDT, a dollar-pegged stablecoin, now processes more settlements than physical dollar transactions in Venezuela. This change stems from a severe shortage of cash dollars in the national economy. The adoption of USDT has accelerated in recent months. For years, Venezuelans have used this asset as a gateway to global markets and a safeguard against devaluation of the bolivar and high inflation. Since June, its use for currency exchange has expanded further. This growth corresponds with a reduction in oil income, worsened by restrictions on government payments. A shortage of physical dollars exists, and the digital version in stablecoins has become a functional substitute. USDT Surpasses Physical Dollar Transactions in Venezuela Unlike the state-created Petro, which faced strong public resistance, the US dollar holds a position of trust among the population. Dollar-pegged stablecoins found a ready environment for adoption. The use of USDT allows private companies to exchange bolivars for the digital currency through authorized exchange houses, provided they use wallets approved by authorities. During the first seven months of the year, the Central Bank of Venezuela injected 14% fewer dollars and euros into the exchange market compared to the same period last year. By September, state settlements using USDT had surpassed those made with physical dollars. A known issue with this.