Recently, Nicolas Maduro, president of Venezuela, announced an airdrop of Petro in order to push the country's cryptocurrency for nationwide adoption. Venezuela has been struggling with a financial crisis for several years. Hyperinflation, plunging...
Petro was launched in 2018, and it's considered to be the first cryptocurrency that was supported by a state – Venezuela. It's a national cryptocurrency equal to the country's fiat currency, bolivar. Petro is a stablecoin, which means that it's...
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