Venezuelans Sent Over $460 Million in Remittances Using Crypto in 2023

Venezuelans Sent Over $460 Million in Remittances Using Crypto in 2023

The Venezuelan migrant population, now exceeding 7 million, has used crypto to send over $460 million in remittances to the ones left behind in the country. According to Chainalysis, 30% of Venezuelan households received some form of remittance in 2023, with 9% using crypto as rails to reach their receivers efficiently…

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