Venezuelan USDT to Bolivar Rate Drops 40% Amid Market Volatility

News Flash 2026-01-20 08:26

The USDT to Venezuelan Bolivar exchange rate has plummeted by approximately 40% since January 7, returning to levels seen in December 2025. On Binance's P2P market, USDT prices fell sharply from a high of 880 bolivars to around 500 bolivars. Local platforms Kontigo and Crixto reported USDT and USDC prices ranging between 450 and 456 bolivars. According to EcoanalĂ­tica, this fluctuation is an "overshooting" reaction to unexpected events, rather than an issue with USDT itself. The price correction is attributed to expectations of economic recovery and improved foreign exchange liquidity.

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