Welcome to Latam Insights Encore, a deep dive into Latin America’s most relevant economic and crypto news from the past week. This edition examines how
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Venezuelan Bolivar Plunges After Secondary Crude Tariff Regime Announcement
The Venezuelan bolivar accelerated its loss against the U.S. dollar as the government faced dollar shortages amid an economic trade war. The Trump administration’s secondary
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Trump Debuts ‘Never Before Seen’ Secondary Tariff Strategy Against Venezuela
President Trump signed an order that would impose an additional 25% tariff on imported products from countries that purchase crude oil from Venezuela. Trump alleged
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Venezuelan Minister Remarks 25% of Trade Can Be Conducted Away From the US Dollar
Venezuelan Foreign Minister Yvan Gil stated that this new state of affairs in international trade was possible due to the push that Russia and the
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El Dorado CEO: Venezuela Highlights Stablecoins’ Use Case as a ‘Tool for Resilience’
Guillermo Goncalvez, founder and CEO of El Dorado, a Latam-focused P2P exchange, has reflected on the rise of stablecoins from a niche product to a
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Venezuelans Crave USDT as Dollar Exchange Rate Explodes
Venezuelans have ramped up the use of Tether’s USDT, as it has become one of the largest sources of dollar liquidity in national markets. While
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