Recently, an interesting phenomenon has caught attention— a Latin American country troubled by economic sanctions has actually found a new breakthrough through cryptocurrency.

The specific situation is as follows: about half of the country's oil revenue is now settled in the form of digital assets, with USDT accounting for the majority and even supporting 80% of oil transactions. Ironically, stablecoins were once banned locally, but now they have become an officially recognized payment tool—banks actively distribute USDT to enterprises for domestic and international settlements, and retailers are also preparing to adopt them. The official attitude shift is quite straightforward: they openly admit to adopting "non-traditional" financial mechanisms, in other words, achieving de facto dollarization through digital dollars.

Here's an interesting detail. In the indictment against top officials by the U.S. Department of Justice, not a single word about digital assets is mentioned; instead, it lists the usual money laundering charges. Industry insiders interpret this as: cryptocurrencies still have clear limitations when dealing with ultra-large, quickly cashable illegal funds.

But from another perspective, this case actually illustrates one thing— even in opposing camps, dollar-backed stablecoins are still widely recognized and adopted, further strengthening the digital dollar's influence in the global payment system. Regardless of political stance, business logic ultimately prevails.