Stablecoins at the Center of Crisis in Venezuela and Iran

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Recent unrest in Venezuela and Iran has once again highlighted the dual nature of dollar-backed stablecoins like Tether. For ordinary citizens facing inflation, sanctions, and failing financial systems, stablecoins have become a financial lifeline.

At the same time, those same tools have raised concerns among regulators, as sanctioned entities increasingly use stablecoins to move money across borders. This tension — between humanitarian utility and sanctions evasion — continues to shape the global debate around crypto regulation.

[chainsniff]

this is the part of crypto ppl ignore when they only talk about price charts