mercadop2p

The high-level week of the 81st session of the UN General Assembly gets under way in New York with a menu packed with open conflicts: Iran, Gaza, Ukraine, Cuba and, of course, Venezuela. Under the slogan "restoring trust," heads of state will sit down to discuss peace, cooperation, and the Sustainable Development Goals. But for anyone operating with cryptocurrencies in the country, what really matters isn’t the speeches—it’s what’s going on behind the scenes: oil, visas, sanctions, and the endless standoff with Washington.

The Venezuelan rental ball has just signed an unprecedented agreement in its history: for the first time, a single national company for the manufacturing of clothing and athletic footwear — RS Group, headquartered and with a plant in Guatire — will outfit all eight teams in the tournament, as well as the technical and umpiring structure of the Venezuelan Professional Baseball League for the 2026-2027 season. The announcement was made at the company’s own plant, in the presence of its founder Salvatore Volpe and the LVBP president, Giuseppe Palmisano, along with club executives.

📊 The payment that reaches the special payroll
Starting Friday, August 28, the national government activated the delivery of the Corresponsibility and Training Bonus for the current month. This benefit is aimed at workers in the public administration who are enrolled in the special payroll. According to information shared by Canal Patria Digital, the amount is Bs. 142,500, which is equivalent to US$179.24 according to the official exchange rate of the Central Bank of Venezuela (BCV).
As usually happens with these payments, the news creates expectations not only among the beneficiaries, but also across the Venezuelan financial ecosystem, where each injection of bolívares ends up being reflected in informal interest rates, in P2P transactions, and in the demand for dollars and cryptocurrencies.

🇻🇪 The Venezuelan P2P market is going through a paradox that hasn’t been seen in months. According to Binance data this morning, 89.7% of the traded volume is trying to buy USDT, while the active sell offers total 244. But if there’s so much demand, why doesn’t the spread explode? Today I want to break it down.
📊 At the time of publishing, in Binance’s P2P: Buying USDT is at Bs. 971.67 and Selling is at Bs. 931.20. That leaves a gap of 40.47 bolivars (4.35%). Or, in plain terms: if you buy and sell instantly, you lose 4.35% of your capital in the transaction. It’s not a premium against the official dollar, but the real cost of liquidity.

## Venezuelan oil and its true regional weight
The recent report from the Latin American Energy Organization (Olacde) puts on the table a figure that, at first glance, is striking: Venezuela contributes only 11% of the oil production of Latin America and the Caribbean, far behind Brazil (42%) and Mexico (17%). This comes amid a context in which the oil agreement signed between Caracas and Washington could raise extraction to 1.4 million barrels per day by the end of 2026.

During a joint appearance with the U.S. Secretary of Energy, Venezuela’s acting president, Delcy Rodríguez, once again made it clear that there is no date for elections, but that “there will be an electoral process” when the country is ready. For those of us who closely follow the P2P markets and the pulse of the dollar in Venezuela, these remarks are not just a political matter: they are a sign of how the country is preparing for an economic transition that already has its own name—an oil agreement with Washington.

## The new oil bet looking toward 2026
The U.S. Secretary of Energy, Chris Wright, visited Caracas with a clear message: Venezuelan crude production can grow by up to 50% in the next 12 to 18 months. According to his projections, the country will surpass one and a half million barrels per day in the first half of next year, and could reach two million by the end of the decade.
These remarks come in a context of recent agreements between Washington and Petróleos de Venezuela (Pdvsa), including Chevron’s entry into the Orinoco Belt and the controversy over North American Blue Energy Partners (NABEP)’s involvement in 20% of proved reserves. For the U.S. government, these are simple business arrangements to develop resources; for many Venezuelans, they are a new example of interference.

The last weekend of the MLB regular season has a Venezuelan touch. Luis Arráez and Gabriel Moreno head into the final stretch separated by just two points in the batting-title race for the National League, and the outcome promises to be as close as any end-of-day finish in the domestic foreign-exchange market.
Arráez, batting .310, is dealing with a left-ankle tweak that took him out of the game against Milwaukee, and has his manager, Don Mattingly, talking more about hope than certainty. Moreno, at .308, is going for his first batting title and wants to become the first catcher to win that award since 2012. Two different stories, one same prize, and an entire country waiting on the phone.

The restoration of consular relations between Chile and Venezuela stopped being a mere protocol announcement and became an ongoing conversation. Chilean President José Antonio Kast confirmed, after meeting in New York with acting head of state Delcy Rodríguez, that his government supports what he described as a process of rebuilding Venezuela’s institutions, and acknowledged that the regularization of the more than 700,000 Venezuelans living in Chile is a priority on the agenda.

📊 A sudden stop in shipment that is felt in Caracas
Venezuelan oil, which in recent years has repositioned itself as one of the relevant suppliers for U.S. refineries, is running into an unusual obstacle: the cost of moving the barrel. According to Bloomberg reports, spot sales with cargo scheduled for October cooled because freight rates have nearly doubled since late August, tightening negotiations between the state oil company and its buyers.

Marco Rubio’s press conference left a headline that few expected and another that almost no one highlighted. The U.S. secretary of state confirmed that Donald Trump and Delcy Rodríguez discussed elections, yes, but the real weight of the agenda was on how to lift an economy that, according to their own words, would end up in the hands of any elected government as a social and economic catastrophe.
Translated into the language of the Venezuelan market: the discussion is not about who sits in Miraflores, but about what remains of the financial system when that happens. And that’s where the local crypto community has a lot to read between the lines.

📊 A meeting without cameras that shook the economic agenda
The White House confirmed that Donald Trump and the acting president Delcy Rodríguez held a meeting this Tuesday, September 22, at the Lotte New York Palace hotel, as part of the reception that the U.S. president hosted for foreign leaders during the UN High-Level Week. There was no press, no joint statements, and no official agenda was published. Far from diminishing its impact, this secrecy makes it the strongest political signal the country has received in years.

Live P2P Radar Capture: 22/9/2026, 12:00:11 p. m.
USDT/VES reference Bs. 965.71
Buy USDT Bs. 965.71
USDT Sale Bs. 944.99
BCV Bs. 852.42
Premium vs BCV 13.29%
P2P Spread 2.19%
Observed offers 226
Verify current data in Radar P2P
The USDT price in the Venezuelan P2P market is not just one number: it’s several layers moving at the same time. With the data cut-off of September 22, 2026 at 16:00 UTC, Radar P2P showed a purchase rate of Bs. 965.71 and a sell rate of Bs. 944.99, while the aggregated order book showed a better ask at Bs. 961.99 and a better bid at Bs. 961.90. Below those figures are spread, premium vs BCV, depth, and banks. Let’s go step by step.

The delivery of the Integral Income for Pensioners corresponding to September 2026 has begun. The payment is made through the Patria System and arrives directly and in stages to retirees of the Venezuelan Institute of Social Security (IVSS), as has been the trend in recent months. The amount announced by the Patria Digital Channel is Bs. 58,800, which at the official exchange rate of the Central Bank of Venezuela is equivalent to about US$69.21.
The figure represents a 9.09% jump in bolívares compared with the Bs. 53,900 deposited in August. On paper, it is an improvement. In practice, and with a close look at how the Venezuelan foreign-exchange market moves, the story is much more nuanced.

📊 Two straight months of decline in foreign-currency deposits
Venezuelan banks have moved past June’s momentum and are recording two consecutive months of decline in their foreign-currency deposits. According to the August close, the balance raised in foreign currency reached the equivalent of 2.06 trillion bolívares, which represents a 10.44% drop versus July and a 15.9% contraction measured in dollars, bringing it to US$2,588.05 million.
The most striking thing is not the amount, but the relative weight: foreign currency went from accounting for 46.9% of all public deposits in July to just 39.9% in August. In other words, the bolívar regained ground within the banking balance through greater domestic liquidity, while the flow of hard currency slowed down.

📊 A bank that lends more—more money on the street?
The Venezuelan financial system continues to surprise. While many focus on the parallel dollar and on the cryptocurrency market, traditional banking is also moving. Sofitasa, a bank headquartered in the interior of the country, has just reported that its loan portfolio doubled in dollars over the past year. According to the consulting firm Aristimuño Herrera & Asociados, growth was 108.7% in U.S. currency and 1,151.6% in bolívares. The total balance reached $38.9 million (29,071.3 million bolívares).

📊 Seven banks, one goal: rebuilding
The Banking Association of Venezuela (Asobanca) confirmed that seven entities—three public and four private—will join the social credit program announced by the National Government. The initiative seeks to support families that lost their primary homes after the earthquakes of last June 24. Asobanca President Pedro Pacheco explained that the funds come from the State and will be managed through a trust, where the bank acts as the administrator.

📊 The reconstruction also moves the financial market
The Plan Venezuela Renace, which aims to support families that lost their homes after the double earthquake in June, took a key step with the involvement of private banks. The Vice Minister of Digital Economy, Jimmy Berríos, leads weekly working sessions together with the Venezuelan Banking Association and four private banks: Banesco, BNC, Provincial, and Mercantil, joining the three public entities that are already committed.
For the crypto ecosystem, this news is not going unnoticed. Each credit approved in bolívares represents an injection of liquidity that, in a country with de facto high dollarization, eventually seeks refuge in assets such as USDT or the US dollar. What does this mean for the P2P market? We analyze it at PitbullChain.

The Venezuelan banking system begins to feel the weight of a new dynamic: in July, public deposits fell 2.8% in nominal terms, according to figures from the firm Aristimuño Herrera & Asociados. This explanation is not just a market whim; it is the explosive combination of high demand for foreign currency and a deliberate liquidity restriction by the Central Bank of Venezuela (BCV). But for us at PitbullChain, this news has an even more revealing backdrop: every bolívar that leaves the banks seeks refuge in assets that escape traditional control, and that is where P2P and USDT play a starring role.