Why crypto will make up 10% of all Venezuelan grocery payments by Q1 2026 – DL News
- Adoption rates ‘will be higher’ if stores can get IT systems in place quicker.
- Stores enlist the help of crypto experts in the race to launch crypto pay.
- Inflation has risen to 270%, the IMF said last month.
Venezuelan shoppers are turning to crypto like never before as major chains are approaching crypto experts to help drive consumer adoption of the technology.
That’s according to Ítalo Atencio, president of The National Association of Supermarkets and Self-Service Stores, who told national broadcaster Noticiero Venevision on November 10 that Venezuelans are now regularly paying in crypto for their groceries at stores “across the country.”
“Crypto payments will account for at least 10% of all payments made at supermarkets by…
