Tether's USDT Dual Role in Venezuela and Iran: Sanctions Evasion and Economic Stability
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 12 2026- Sanctions Evasion Tool: Tether's USDT has been utilized for oil payments in Venezuela since 2024, enabling the country to navigate U.S. sanctions and maintain economic operations, highlighting its critical role in crisis-stricken nations.
- Economic Stability Pillar: Amid hyperinflation, Venezuelan citizens rely on USDT as a stable currency, reflecting the essential function of stablecoins in everyday financial transactions and economic survival.
- Regulatory Debate Triggered: The extensive use of USDT has sparked new discussions on digital asset regulation, particularly as it serves as a tool for sanctions evasion, potentially prompting policymakers to implement new regulatory measures.
- Impact on Global Financial Structures: Experts suggest that Tether's dual role may reshape geopolitical financial frameworks, emphasizing the complex role of stablecoins in sanctioned countries as both a remedy and a challenge to fiscal policies.
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.
