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Kriptoteka > Market > Bitcoin > Venezuela’s El Dorado CEO: Stablecoins as Resilience Tools
Bitcoin

Venezuela’s El Dorado CEO: Stablecoins as Resilience Tools

marcel.mihalic@gmail.com
Last updated: October 24, 2024 10:04 am
By marcel.mihalic@gmail.com 1 Min Read
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El Dorado CEO: Venezuela Highlights Stablecoins' Use Case as a 'Tool for Resilience'Guillermo Goncalvez, the founder and CEO of El Dorado, a peer-to-peer exchange focusing on Latin America, has shared insights on the growing importance of stablecoins, which have evolved from a specialized product to a common resource in Venezuela. Goncalvez notes that as Venezuelans increasingly turn to the dollar amid significant devaluation, the volume of stablecoin remittances has surged, illustrating that these digital currencies serve as a practical alternative when […]

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