Venezuela Banking Giant to Integrate Bitcoin and USDT Soon

The post Venezuela Banking Giant to Integrate Bitcoin and USDT Soon appeared first on Coinpedia Fintech News

Venezuela is getting ready to take a big step by joining traditional banking with digital assets. Conexus, one of the country’s largest payment companies, works to integrate Bitcoin and stablecoins directly into the national banking system.

If successful, the Conexus model might inspire other nations to follow.

Venezuelan Banks to Add Bitcoin and Stablecoins

For years, Venezuela has battled a collapsing currency and runaway inflation, forcing many citizens to turn to cryptocurrencies for financial stability. Meanwhile, Conexus, which already processes nearly 40% of the nation’s electronic transfers, now plans to make a key part of Venezuela’s financial network. 

Now, the company wants to go further by allowing local banks to provide direct crypto services, including custody, transfers, and fiat exchange for Bitcoin and stablecoins.

The initiative is set to launch in December 2025, marking a major leap in Venezuela’s financial modernization. If successful, it would make Venezuela one of the first countries in the world to fully integrate crypto into its national banking network.

据 Bitcoin com 报道，委内瑞拉支付公司 Conexus 正开发一套系统，将比特币与稳定币纳入全国银行网络。该公司处理约 40% 的电子转账业务，计划让银行可直接提供加密资产的托管、转账及法币兑换服务。总裁 Rodolfo Gasparri 表示，由于本国货币剧烈贬值，越来越多民众使用 USDT…

— 吴说区块链 (@wublockchain12) October 31, 2025 Rising Use of Stablecoins Amid Currency Crisis

According to Conexus President Rodolfo Gasparri, Venezuela’s national currency, the bolivar, has sharply depreciated, pushing more citizens toward stablecoins like USDT (Tether). Many Venezuelans now use these digital dollars to protect their money from inflation and to carry out daily transactions.

Gasparri noted that this growing trend shows the need for a smoother, more secure bridge between banks and the crypto world. 

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The new system will let users handle crypto directly through their bank accounts, without external apps. Built on blockchain, it aims to make transactions safer and build trust in regulated crypto use.

A Model for Other Nations

Analysts believe Conexus’s plan could reshape Venezuela’s financial landscape. By merging traditional banking with crypto. As of now company is building a bridge between fiat and digital money, something that could help millions gain easier access to stable and low-cost financial tools.

If successful, it could become a model for other nations battling currency instability.

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Subscribe to News FAQs What is Venezuela’s new crypto banking initiative by Conexus?

Venezuela’s Conexus plans to let banks offer Bitcoin and stablecoin services, linking digital assets directly to the national banking system.

When will Venezuela’s crypto banking system launch?

The new Conexus-backed crypto banking integration is set to launch in December 2025, marking a key milestone in Venezuela’s financial modernization.

Why is Venezuela turning to Bitcoin and stablecoins?

Due to inflation and a weak bolivar, many Venezuelans use Bitcoin and stablecoins like USDT for daily payments and to protect their savings.

How will Venezuelan banks handle crypto under the Conexus plan?

Banks will let users buy, sell, and store crypto directly from their accounts, making transactions safer and simpler without third-party apps.