Once again, the vision of several of the world’s leading crypto analysts is verified, who have predicted that the adoption of cryptocurrencies will begin in developing countries. And it is that, paying with BNB is already possible in Venezuela, a country that in the midst of the serious economic crisis that has been going through in recent years, has become one of the epicenters of the crypto world, as Mariangel García shows. in the Tweet of the day:
BNB adoption begins in Venezuela
For a long time, the hopes of broad sectors of the crypto world have been focused on developing countries. And it is that, the adoption of cryptocurrencies has been notably faster in countries of Africa and Latin America, before in countries of the first world like the United States.
This is so because in developing countries there is no political and economic stability that gives citizens confidence in their currency. Thus, while the inhabitants of Europe fully trust the euro. Venezuelans, Argentines and Nigerians do not do the same with their coins. Leading them to seek other payment mechanisms that are not subject to the inflation and uncertainty that affect their national currencies.
And lately Binance Coin (BNB) is becoming one of those alternatives in Venezuela. Well, and especially due to the launch of the Binance Smart Chain, Venezuelans have been acquiring the virtual currency of Binance. Starting to use it in establishments with a well-known reputation such as the Excelsior Gama supermarket line. Which, thanks to Crypto Buyer, are accepting cryptocurrencies, as Mariangel García showed on his Twitter account:
“In Venezuela it is possible to buy at the supermarket and pay with #Binance Thank you Crypto Buyer for making it possible!”
This is a trend that other developing countries will undoubtedly follow in the short term. Especially in a time of high economic instability, in which cases of uncontrolled inflation like Venezuela are no longer so strange. Which makes people naturally inclined to acquire cryptocurrencies like BNB and use them in their day to day.