“The Venezuelan bolivar lost 99.8% in the last 10 years against the U.S. dollar, the Turkish lira lost 80%, the Argentina peso around 94.5%,” said Tether CEO Paolo Ardoino at a recent crypto conference. “That is, in one simple chart, the reason why USDT is successful.”

Venezuela's President Nicolás Maduro and his wife were captured by American military forces and brought to the U.S. to face drug and weapons charges.

Digital publication Project Brazen reported Saturday that Venezuela could hold an estimated $60 billion worth of Bitcoin. Additional intelligence reports allege that ousted Venezuelan President Nicolas Maduro and his associates accrued Bitcoin via three channels: a gold swap overseen by Venezuelan Interior Minister Alex Saab in 2018,

Democrats say the president cannot take money from the proceeds of seized oil and control it himself, calling it a ‘slush fund’ that would fly in the face of the Constitution.

For years, some firms on Wall Street have been holding on to underwater bonds from Venezuela hoping a political shift, an economic rebound, or an end to oil sanctions could help them recoup some of their losses buying Venezuelan debt.

President Donald Trump believes US companies can revive Venezuela’s beleaguered oil industry, benefiting both that nation and America. But even if that happens, it would be a fraction of changes needed to get the destitute country back on its feet.

In times of turmoil, investors often seek safe-haven investments — assets that have historically held their value during periods of market stress — such as government bonds, gold and cash. Gold prices hit a one-week high at $4,452.60 per ounce on Tuesday, and silver climbed to $77.97 per ounce.

Remittances from around the world accounted for an estimated 7.5% of Venezuela’s gross domestic product in 2025, according to the Remittance Industry Observatory, a think tank in Washington, D.C. But analysts say that number is likely greatly understated because the funds are mostly routed through unofficial channels that are hard to track.