The post Venezuelan Banks to Support Bitcoin and Stablecoins appeared first on Coinpedia Fintech News
Conexus, handling around 40% of Venezuela’s electronic transfers, is developing a system to integrate Bitcoin and stablecoins like USDT ($1.01) into the country’s banking network. This new platform will allow banks to offer custody, transfers, and fiat exchange services for crypto assets with bank-level security. The initiative responds to the growing local demand for stablecoins as a hedge against currency devaluation. The system is expected to launch in December 2025, marking a major step in Venezuela’s digital finance evolution.
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