The crypto ecosystem in Venezuela is a product of nearly a decade of economic The crypto ecosystem in Venezuela is a product of nearly a decade of economic
Stablecoin usage in Venezuela likely to keep expanding amid economic instability
The crypto ecosystem in Venezuela is a product of nearly a decade of economic collapse and international sanctions pressure, according to the TRM Labs team.
Venezuelans are already heavily reliant on blockchain technology for banking after suffering through a decade of economic pressures; however, usage is likely to keep growing if conditions worsen in the South American country, blockchain intelligence firm TRM Labs says.
As regional and geopolitical tensions continue to rise, driven in part by US-Venezuela tensions, the TRM Labs team predicted in a report on Thursday that macroeconomic instability and the bolívar’s continued devaluation will likely sustain demand for stablecoins as both a store of value and a medium of exchange.
At the same time, regulatory ambiguity and continued uncertainty surrounding the country’s crypto regulator, SUNACRIP’s, authority and enforcement capacity, and eroding trust in traditional banking infrastructure could prolong the population’s dependence and drive more usage.
Read more
Sorumluluk Reddi: Bu sitede yeniden yayınlanan makaleler, halka açık platformlardan alınmıştır ve yalnızca bilgilendirme amaçlıdır. MEXC'nin görüşlerini yansıtmayabilir. Tüm hakları telif sahiplerine aittir. Herhangi bir içeriğin üçüncü taraf haklarını ihlal ettiğini düşünüyorsanız, kaldırılması için lütfen [email protected] ile iletişime geçin. MEXC, içeriğin doğruluğu, eksiksizliği veya güncelliği konusunda hiçbir garanti vermez ve sağlanan bilgilere dayalı olarak alınan herhangi bir eylemden sorumlu değildir. İçerik, finansal, yasal veya diğer profesyonel tavsiye niteliğinde değildir ve MEXC tarafından bir tavsiye veya onay olarak değerlendirilmemelidir.
Ayrıca Şunları da Beğenebilirsiniz
Why We Misjudge Our Own Effectiveness at Finding Software Bugs
This study investigates whether testers’ beliefs about which defect-detection technique works best for them actually predict real performance. In a controlled,
Paylaş
Hackernoon2025/12/15 05:09
Ripple CEO Confirms Privacy as Next Stage for XRP’s Institutional Expansion
Ripple advances XRP privacy to attract major institutional blockchain adoption. Confidential transactions and smart contracts set to reshape XRP Ledger. New privacy features aim to balance compliance with institutional confidentiality. The XRP community witnessed a significant revelation after Ripple CEO Brad Garlinghouse confirmed that privacy will drive the next phase of XRP’s institutional adoption. According to Vet, the discussion between him and Garlinghouse centered on strengthening privacy within the XRP ecosystem. This development aligns with the broader goal of creating a compliant yet confidential environment for institutional transactions. Ripple has progressively built the XRP Ledger into a robust infrastructure for real-world use cases. It has introduced decentralized identifiers, on-chain credentials, and permissioned domains to ensure compliance and security. Moreover, the network now features multipurpose tokens that simplify tokenization while its native decentralized exchange merges AMM liquidity with a traditional order book. Despite these advancements, one crucial element remains—privacy. Also Read: Swift Exec Mocks XRP as “Fax Machine,” Sparks Furious Clash with Crypto Fans Developers and Ripple Leadership Target Privacy Layer for Institutional Use Developers and Ripple executives agree that privacy will complete the ecosystem’s institutional framework. The upcoming privacy layer includes functions under proposal XLS-66, allowing institutions to lend and borrow assets using tokenized collateral. This system leverages zero-knowledge proofs to conceal sensitive balance and transaction data while maintaining compliance visibility for regulators. Hence, institutions can protect competitive data without compromising transparency. Ripple’s Senior Director of Engineering, Ayo Akinyele, emphasized the scale of this transformation. He stated that trillions in institutional assets will likely transition on-chain over the next decade. To achieve this, his team is developing confidential multipurpose tokens scheduled for launch in the first quarter of 2026. These tokens will enable private collateral management and secure asset handling across financial platforms. Smart Contracts and Privacy Bridge to Institutional Era Smart escrows proposed under XLS-100 and upcoming smart contracts in XLS-101 are expected to support these privacy-driven functions. Together, they will form the foundation for private institutional transactions within the XRP Ledger. This strategic focus marks a defining step toward positioning XRP as a trusted infrastructure for large-scale financial institutions. As privacy becomes the bridge connecting compliance with confidentiality, Ripple’s roadmap signals its readiness to lead blockchain adoption in traditional finance. Also Read: Shiba Inu Approaches Critical Price Zone as Bulls and Bears Battle for Control The post Ripple CEO Confirms Privacy as Next Stage for XRP’s Institutional Expansion appeared first on 36Crypto.
Paylaş
Coinstats2025/10/05 22:14
The Countdown Is On: Apeing Emerges as the Best 100x Crypto While Stellar and Bitcoin Cash Storm the Bullish Market
Which crypto could turn a $100 investment into a life-changing sum next? Crypto markets never sleep, and neither do investors hunting for the next moonshot. While
Paylaş
Coinstats2025/12/15 07:15