How Stablecoins Become a Financial Tool to Circumvent International Sanctions

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【CryptoWorld】Stablecoins are increasingly drawing attention for their role in the global financial system. According to a survey by The Wall Street Journal, Tether’s USDT has played a key role in settlement for the Venezuelan state oil company’s international trade. Since the escalation of international sanctions in 2020, the country’s oil export trade has gradually shifted to using USDT for settlement, bypassing the layers of restrictions imposed by traditional banking systems. Data shows that approximately 80% of local oil revenues are received in the form of stablecoins like USDT, reflecting that in certain economic environments, crypto assets have become an important tool for international trade.

More interestingly, USDT has also had a profound impact on ordinary people. Against the backdrop of persistent currency devaluation and a restricted financial system, stablecoins provide a survival pathway for local residents to protect their asset value. This is not just financial innovation but a practical demand in extreme economic conditions.

From a regulatory and law enforcement perspective, analysts believe that political changes may actually prompt U.S. authorities to strengthen their monitoring and tracking capabilities for blockchain. Through the transparency and traceability of blockchain, they can more effectively track the flow of funds suspected of being misappropriated or embezzled. This means that the application of stablecoins in international trade will continue, but they will face stricter regulatory scrutiny.

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HashRateHermitvip
· 01-12 03:14
80% of oil revenue goes to USDT? That's outrageous. Traditional finance really can't stop it.
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TokenomicsTherapistvip
· 01-11 08:30
Wow, 80% of Venezuela's oil revenue goes to USDT? This is a true reflection of on-chain finance. Sanctions have actually given crypto a boost.
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SignatureLiquidatorvip
· 01-11 08:30
80% of oil revenue is converted to USDT, which is really outrageous. It feels like traditional finance can no longer control it.
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CounterIndicatorvip
· 01-11 08:29
I am a master of inverse indicators, I see this very clearly. Venezuela using USDT to evade sanctions, in plain terms, is just the dollar wearing a different disguise to continue harvesting profits. Tether itself hasn't even proven it has real assets, who dares to believe this thing is truly stable? --- Haha, 80% of oil revenue is now in USDT, how desperate must that be... But on the other hand, doesn't this also demonstrate what real financial demand looks like? --- Wait, stablecoins protect assets? That's laughable. Essentially, it's still about fleeing from your country's worthless currency. The root problem hasn't been solved, old buddy. --- Even under sanctions, you can still play around like this. The crypto world is indeed quite capable of chaos, but the risks... well, everyone can experience it themselves. --- It's really just big fish eating small fish. USD-pegged stablecoins have become a new tool of power, nothing new under the sun.
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ChainDoctorvip
· 01-11 08:16
Venezuela's situation, to put it simply, is forced; they had no choice but to use USDT. --- 80% of oil revenue is now in stablecoins, which must be incredibly desperate... But on the other hand, this is where cryptocurrency truly shines. --- Regarding stablecoins bypassing sanctions, regulators around the world must be very anxious now, haha. --- Ordinary people using USDT to preserve assets is more honest than any financial product. --- Sanctions → No banks to use → Can only go on-chain, the logical chain is very clear. --- It seems this is the real reason for the existence of cryptocurrencies, not just for trading. --- Is USDT's recent move unintentional or was it planned all along... Quite interesting. --- The central bank must be losing sleep over this data, haha. --- Honestly, in extreme environments, the value of stablecoins is clearer than any white paper.
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BottomMisservip
· 01-11 08:09
80% of oil revenue goes to USDT... If it gets targeted, it will be interesting. But on the other hand, there's really nothing they can do, since their own country's currency has become that bad.
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