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š¢ļø #RUSSIA AND #VENEZUELA TOKENIZE BLACK GOLD
A new #stablecoin backed by oil is reportedly in development, according to energy sector sources. "Petro 2.0"?
Here are the key pointsš
1ļøā£ The original #Petro #PTR launched in 2018 never achieved liquidity or transparency. It was officially discontinued in 2024.
2ļøā£ Now, Russia and Venezuela are exploring a new digital energy asset, allegedly backed by barrels of Venezuelan crude.
3ļøā£ $200 M in OTC operations are mentioned, with no public contract or verified listing.
4ļøā£ The goal would be to facilitate trade between sanctioned countries and reduce dependence on the SWIFT system.
5ļøā£ For now, there is no on-chain evidence or whitepaper. More geopolitical narrative than an open public project.
š We will continue monitoring if the token or contracts on the blockchain emerge.
#Tokenizacion
A new #stablecoin backed by oil is reportedly in development, according to energy sector sources. "Petro 2.0"?
Here are the key pointsš
1ļøā£ The original #Petro #PTR launched in 2018 never achieved liquidity or transparency. It was officially discontinued in 2024.
2ļøā£ Now, Russia and Venezuela are exploring a new digital energy asset, allegedly backed by barrels of Venezuelan crude.
3ļøā£ $200 M in OTC operations are mentioned, with no public contract or verified listing.
4ļøā£ The goal would be to facilitate trade between sanctioned countries and reduce dependence on the SWIFT system.
5ļøā£ For now, there is no on-chain evidence or whitepaper. More geopolitical narrative than an open public project.
š We will continue monitoring if the token or contracts on the blockchain emerge.
#Tokenizacion
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