$MIS 🇺🇸🇻🇪 #USDT WSJ: Tether has become a crucial tool for Venezuela's state oil company, enabling it to bypass sanctions, and has been used as a currency for oil transaction settlements. It has also become a financial lifeline for ordinary Venezuelans affected by the decline in their national currency's value.

The arrest and removal of Maduro from the presidency of Venezuela are unlikely to reduce Tether's presence in the country, where hyperinflation remains an issue. Tether's financial ties to Venezuela position the cryptocurrency company favorably to assist US authorities in investigating the fate of funds allegedly stolen by the Maduro regime.