2025-11-02
NY Times today on stablecoins in Venezuela: Stables “now account for up to half of the hard currency that enters the Venezuelan economy legally” “PDVSA now pays some contractors in stablecoins, private firms pay bonuses in stablecoins”
New York Times
How the Venezuelan government is using crypto and stablecoins like USDT to manage the downturn; Venezuela sells most of its oil to China and is paid in crypto
President Nicolás Maduro's opponents hope a new period of economic pain will finally topple his government.
2024-12-01
TradFi media doing deep dives into #Ethereum scaling strategy and the impact on Layer 1 fee revenue https://www.bloomberg.com/...
Bloomberg
Ethereum is grappling with uncertainties as its reliance on Layer-2 blockchains grows, leading to lower fee collection, while rivals like Solana gain ground
- The blockchain has seen fees slide after technical upgrades — Criticisms have weighed on Ether, which has underperformed