Key Takeaways:
Ecoanalitica proposes a stablecoin to fix local dollar shortages, driving future Venezuelan bank integration. Surging adoption since 2025 bypasses the Central Bank, making stablecoins vital for future SME dollar access. In October, R&D, Conexus, processing 40% of transfers, announced work on a stablecoin settlement system. Ecoanalítica Proposes Venezuelan Stablecoin to Solve Dollar WoesFor him, such a system would be a good complement to the current auction system, which uses private and state banks as distributors, democratizing the assets to foreign currency to excluded systems, reducing the allure of arbitrage and speculation, and also strengthening the transparency of the foreign currency transactional system.
In October, Rodolfo Gasparri, president of Conexus, which intermediates 40% of the country’s electronic transfers, stated that a stablecoin-based settlement system was in the early stages of research and development. Nonetheless, no news about this system has been shared since.
