Thursday, October 24, 2024

El Dorado CEO: Venezuela Highlights Stablecoins’ Use Case as a ‘Tool for Resilience’

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 widely used tool in Venezuela. Goncalvez states that, as Venezuelans shift to using the dollar due to devaluation, stablecoin remittances have soared, demonstrating that these are a viable alternative when […]

via Sergio Goschenko

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