USDT premium in Venezuela cools as speculative demand eases

The price premium for the dollar-pegged stablecoin USDT in Venezuela is subsiding, according to DL News. Following the U.S. arrest of President Nicolás Maduro, USDT briefly traded at a premium of up to 140% against the official dollar exchange rate. However, the premium has since fallen by approximately 40%, returning to levels last seen in December. Experts analyze that the initial surge was exaggerated by speculative trading in a low-liquidity environment rather than panic-driven demand. Economist Asdrúbal Oliveros commented that the exchange rate's overreaction is calming as the economic outlook becomes clearer over time. While USDT continues to trade at a premium to the dollar, the market overheating has significantly eased as political tensions have relaxed.