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RE: Venezuela Using USDT To Avoid Sanctions Showing Crypto Power

in LeoFinance25 days ago

Yeah. That is usually where people starts here, if they use it you can ease them to more.

Here it also has a particular benefit. Using Dollars carry a 3% tax on top of the other taxes you pay when buying a product. That tax doesn't apply when buying with crypto, even if paired with the dollar.

It also has benefits when cashing back to fiat, because of the dynamic of the Central Back dollar price and the black market dollar price. It goes against you when using the actual dollar and in your favor when using crypto.