Crypto Biz: From shorting the Venezuelan Bolivar to shorting the US dollar
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: May 23 2025Bitcoin-backed loans and strategies: Ledn co-founder Mauricio di Bartolomeo discusses using Bitcoin as a hedge against the US dollar, similar to his past strategy of shorting Venezuela's Bolivar for US dollars, highlighting the growth of collateralized BTC lending with Ledn's loan book valued at $9.9 billion.
Crypto integration in banking: Banco Industrial, Guatemala’s largest bank, has integrated SukuPay's crypto infrastructure into its mobile app, allowing users to receive US dollars at a significantly lower fee, marking a step towards mainstream adoption of blockchain technology in Latin America.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
