According to Wu, Venezuelan economist Asdrúbal Oliveros and Aníbal Garrido, head of the UCAB Blockchain Institute, pointed out in a forum that about 80% of Venezuela's oil sales are settled in USDT, with funds flowing back to the country through Asian intermediaries, becoming an important tool for the government to pay the banking system and contractors; as the supply of dollars in the banking system is insufficient, the domestic forex market is accelerating the "USDT-ization". According to Chainalysis data, Venezuela ranks 18th globally in cryptocurrency adoption in 2025, receiving about 44.6 billion USD in cryptocurrency assets over the past year, of which at least 22 billion USD came from USDT.