When a country's fiat currency collapses, people will find their own way out. In Venezuela and Iran, this way out is the stablecoin USDT. However, the same tool is also being used by sanctioned entities to circumvent international restrictions, highlighting the contradictory role of stablecoins in the global financial system.
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When a country's fiat currency collapses, people will find their own way out. In Venezuela and Iran, this way out is the stablecoin USDT. However, the same tool is also being used by sanctioned entities to circumvent international restrictions, highlighting the contradictory role of stablecoins in the global financial system.