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Thursday, March 26, 2026
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Tag: PDVSA

US Seizes Venezuelan Tanker: Military Action as USDT and De-Dollarization Threaten Petro-Dollar Hegemony

The dramatic U.S. seizure of the supertanker Skipper off Venezuela’s coast—personally announced by President Donald Trump and amplified by Attorney General Pam Bondi’s helicopter-raid video—is officially framed as a sanctions and counter-terrorism operation. In reality, it sits at the intersection of three fault lines: Washington’s dependence on heavy Venezuelan crude, Venezuela’s slow exit from the classic petrodollar system.

Venezuela’s USDT Oil Gambit: Stablecoins Challenge the Petro‑Dollar From Within

Venezuela, sitting on one of the world’s largest oil reserves, is no longer just selling crude in dollars. Under Nicolás Maduro, state oil company PDVSA is increasingly settling exports in Tether’s USDT, a dollar‑pegged stablecoin, to bypass U.S. sanctions and banking controls. This shift does not end dollar influence in oil, but it moves critical flows off the U.S.‑controlled banking grid.