Hanke's Venezuela Dollarization Bill Carries 50-80% Odds as USDT Dominates P2P

A bill by Steve Hanke to dollarize Venezuela could shape USDT demand. The bill has 50-80% passage odds and targets 400% inflation. The plan aims to address hyperinflation and boost the dominant stablecoin's usage. If passed, it could increase USDT adoption in the country. Market observers watch for potential impacts on stablecoin flows.