On a day marked by high volatility, the price of USDT on P2P platforms recorded a significant drop, falling from a peak of 630 VES to 505 VES. This movement directly responds to an aggressive intervention strategy by the Central Bank of Venezuela (BCV).

What is exactly happening?

Massive foreign exchange injection: The BCV has executed a record sale of dollars to the national banking sector. By increasing the supply of physical and bank-based foreign currency, pressure to buy on alternative markets such as Binance or El Dorado is reduced.

Closing the "gap": The main objective is to reduce the percentage difference between the official and parallel exchange rates, countering the speculation that had surged in recent days.

Strengthening the Bolívar: By forcing down the USDT price, the Bolívar regains ground in the digital market, compelling traders and savers to adjust their price expectations.