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Venezuelans Sent Over $460 Million in Remittances Using Crypto in 2023

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Venezuelans Sent Over 0 Million in Remittances Using Crypto in 2023
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Venezuelans Sent Over $460 Million in Remittances Using Crypto in 2023

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Source: Bitcoin.com

Venezuelans Sent Over $460 Million in Remittances Using Crypto in 2023The Venezuelan migrant population, now exceeding 7 million, has used crypto to send over $460 million in remittances to the ones left behind in the country. According to Chainalysis, 30% of Venezuelan households received some form of remittance in 2023, with 9% using crypto as rails to reach their receivers efficiently. Venezuelan Migrants Sent Almost […]

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Author: Sergio Goschenko

Related posts:

  1. A Look at Why Venezuela Is the Third Country With the Most Crypto Adoption
  2. Venezuela Bets on De-Dollarization After Foreign Currency and Crypto Tax Is Applied
  3. UN Report: Venezuela Ranks Third Among Countries With Most Crypto Adoption
  4. Cryptocurrencies Not Banned, Vietnam Requires Legal Framework for Regulation — Govt Official
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