Skip to content
- Stablecoin prices in Venezuela have fallen after early year stress.
- Market expectations now focus on economic recovery signals.
- Experts urge calm choices during currency swings.
Digital currency prices linked to the dollar, including USDT, have moved lower in Venezuela since January 7. Data from P2PArmy shows a steady fall on Binance P2P, where USDT serves as the main dollar proxy for local traders. The move reversed a fast rise seen in early January. Prices returned to levels last seen in mid December.
The trend also appeared on local platforms approved to trade digital assets. On Kontigo, USD Coin trades near 450 bolivars. On Crixto, USD Tether trades close to 456 bolivars. Both platforms show similar values across markets. Earlier in the month, prices surged to extreme levels.
At one point, USDT touched near 880 bolivars. It later dropped toward the 500 range. This swing triggered wide public debate. Many users questioned whether USDT had lost strength against the bolivar. Such claims remain rare in a country shaped by long inflation cycles.
USDT Pricing Adjusts With Market Expectations
Ecoanalítica links the recent moves to market overreaction. A strong shock pushed traders to adjust views at high speed. Prices moved sharply within hours. The market then searched for balance. Advisor Aníbal Garrido views the correction as rational.
He sees growing confidence in an economic rebound. He notes better prospects for liquidity flows. Aníbal Garrido also notes easier access to foreign currency through banks. As expectations improve, the fair price of USDT adjusts. It follows outlook rather than fear. Garrido urges discipline during fast swings.
He recommends calm decisions instead of emotional trades. In Venezuela, many people treat USDT as a price guide for the dollar. Some even use it as a daily reference rate. This habit creates a gap with the official rate set by the central bank. The gap widens or narrows based on trust and demand.
Exchange Rates Shift With Economic Change
Economist Asdrúbal Oliveros warns that short term moves often feel tense. He urges a wider view of the economy. He argues that no dollar level stays high forever in Venezuela. The same logic applies to stablecoins.
Any broad economic shift leads to exchange rate changes over time. Ecoanalítica estimates a real balance rate near 650 bolivars by late December. Current levels may reflect temporary noise. Political clarity could ease pressure.
News on oil projects may help. The release of external funds could also support balance. Specialists advise caution in the meantime. They suggest asset diversification. They also stress awareness of local market flows. Confidence remains the key driver of stablecoin value.
Trading volumes also eased as buyers stepped back. Sellers accepted lower margins to secure liquidity. The adjustment shows a maturing market response. Price signals now reflect policy hopes and cash availability. Observers expect smoother trading if stability holds across fiscal policy and banking channels in coming months.
Related Reading: Bitcoin Open Interest Plummets as Binance Dominates – What’s Behind the Shift?
