How out of control is inflation? In a certain South American country, supermarket prices are updated three times a day, and the public watches helplessly as their cash loses value. The government attempted to issue an official digital currency to turn the tide, but it became a joke online. Officially banning mining, the people secretly used stablecoins to carry out a silent financial revolution—USDT has become a common trading tool on the streets.

This country has the world's largest oil reserves but has long been plagued by sanctions and economic crises, with severe foreign exchange shortages. How do ordinary people survive? Remittances don’t come in, life has no stability, and cryptocurrencies have become a lifeline. No one expected that this resource curse would quietly evolve into one of the world's largest civilian stablecoin economies.

Located in northern South America, this country covers over 900,000 square kilometers with a population of about 28.3 million. The climate is humid and hot, with tropical rainforests covering more than half the land. Its oil reserves rank among the top globally, but the reality is harsh—long-term power shortages, material shortages, and despite being resource-rich, life is tough.

Since 2017, multiple rounds of international sanctions have followed one after another. Oil companies' overseas assets have been frozen, and financial transactions are strictly regulated. Oil can still be sold, but the money can't be collected—this is a deadlock. The fragility of the economic structure has been fully exposed, and oil dependence has reached textbook levels.