p2pcriptovenezuela

Caracas is back in the spotlight. The sixth edition of the Startup Venezuela Summit kicks off this week with a lineup that seemed unlikely just three years ago: 25 investment funds, nearly 40 international guests, and Sir Richard Branson, founder of Virgin Group, as the headline act. Behind the event is a thesis we at PitbullChain have been following closely: foreign capital has begun to see Venezuela not as a risk to avoid, but as a market with costly problems to solve and few competitors lining up to tackle them.

Fifteen hours of continuous broadcasting, with radio and television on at the same time, and a national donation pot that ended up weighing far more than expected. The “United for Venezuela” Telethon, organized by Venevisión, ended at midnight with $2,370,017 raised, surpassing the initial goal of $1.5 million and the second goal of $2.25 million, which was set along the way. The cause: those affected by the twin earthquakes, measuring 7.2 and 7.5 in magnitude, that struck on June 24.
The funds will be channeled through United Way Worldwide and its local affiliate, the Voluntary Dividend for the Community, chaired by Ramón Ostos, which was expected to begin distributing the money on Monday. The ultimate recipients are Cáritas Venezuela, the Children’s Orthopedic Hospital together with the Juan Pablo Dos Santos Foundation—which focuses on prosthetics for amputees—and Fe y Alegría. Ernst & Young will conduct the audit.

Credicard Consortium continues to expand its physical presence across the country. Through its CredicardPOS brand, the company opened a sales office in Puerto Ordaz, adding Bolívar state to a network that already covers Caracas, Miranda, Zulia, Carabobo, Nueva Esparta, Lara, Aragua, Táchira, Monagas, Anzoátegui, Barinas, Guárico, Mérida, Portuguesa, Sucre, and Trujillo. This is no small move: in a business where merchants worry about being unable to process payments on a Friday night, having technical support close at hand matters just as much as the price of the equipment.

📊 A market that’s no longer just a "side hustle"
When you think of the sectors that really move money in Venezuela, banking, formal retail, and services come to mind. But there’s a parallel economy growing every month with hardly anyone paying attention: the pet industry. Asdrúbal Oliveros, an economist and partner at Ecoanalítica, put some numbers on the table, and they’re surprising: the sector now generates between $200 million and $300 million a year, with its long-term potential estimated at around $2 billion.

The news broke in the middle of the afternoon: a magnitude 7.7 earthquake, with its epicenter near Tonosí in southwestern Panama, shook buildings and roads and prompted authorities to inspect the country’s infrastructure. From Caracas, acting President Delcy Rodríguez announced that contact had been established with the Panamanian government and that Venezuela had offered its assistance to coordinate whatever might be needed. The gesture carries particular weight: just a few months earlier, in late June, two consecutive earthquakes measuring 7.2 and 7.5 struck La Guaira, leaving a trail of destruction just a few kilometers from Caracas.

Barinas has light crude, 350 wells in the Barinas-Apure Basin, and a promise of an oil revival that has been knocking at the door for years without ever coming in. But there’s a problem no service contract can solve: electricity. Prolonged power outages have become the biggest brake on Barinas’s economy, and their impact is no longer confined to the energy sector—it is also dragging down businesses, agribusiness, and the way Venezuelans move their money.
📊 Oil projects stuck halfway

📊 A banking warning that the crypto world should listen to
Pedro Pacheco Rodríguez, president of the Banking Association of Venezuela (ABV), has once again pointed to a sore spot that much of the digital ecosystem prefers to avoid: Venezuela remains on the Financial Action Task Force (FATF) grey list since June 2024, and that label is not just a diplomatic formality. According to the industry leader, staying on that list reduces the number of companies willing to import, export, or open accounts linked to the country, and it works as a silent brake on economic growth.

Banco del Tesoro decided not to wait for people to cross the door of a branch office. This weekend, it set up two simultaneous operations from its mobile T-move offices: one in the city of Valencia and another in Parish 23 de Enero in Caracas. The offer was not limited to opening accounts: there was delivery of Master Debit cards, products such as Tesoro Joven, Tesoro Gamers, and Amigos de las Mascotas, updating of data, and perhaps the most relevant for the ecosystem—activation of point-of-sale terminals for merchants and entrepreneurs.

The Venezuelan oil-rig board has a new contender, and it certainly didn’t arrive quietly. North American Blue Energy Partners (NABEP), the company led by Venezuelan businessman Alejandro Betancourt, announced that it has already secured a considerable operating arsenal: 60 drilling platforms, 30 steam boilers to mobilize heavy crude, and 70 pieces of heavy machinery equipment. Two of those rigs left Houston aboard the cargo vessel BBC Washington, with about six days of sailing ahead until Venezuelan waters.

📊 A short meeting with a long read
The Caracas Stock Exchange (BVC) confirmed through its social media that its president, José Grasso Vecchio, sat down with Michael Wisner and Adriana Sierra, representatives of the U.S. Embassy’s Department of Economics in Caracas. The formal topic: the opportunities that Venezuela’s capital market offers for the country’s economic development. That’s it—the official statement. Brief, protocol-like, and without further details.
But for anyone who lives keeping an eye on the exchange rate, the P2P ramps, and the pulse of USDT in Venezuela, a meeting like this doesn’t read as mere diplomatic courtesy. When the local stock sector and a foreign economic delegation sit down at the same table, there’s usually something more in the air: the search for capital, exploring clear rules, or at the very least testing the ground.

📊 A meeting in New York that points to reservations
The meeting between the Acting President, Delcy Rodríguez, and the Managing Director of the International Monetary Fund, Kristalina Georgieva, took place within the framework of the UN’s 81st General Assembly and had a fairly specific focus: the path for Venezuela to access and release the reserve assets it holds with the organization in the form of Special Drawing Rights, an amount that has been calculated at around US$4.5 billion.

📊 A recognition that is worth more for what it reveals than for the badge
R4 Banco Microfinanciero, the institution that until the end of 2024 was known as Mi Banco, announced that it obtained the Great Place To Work® Venezuela Certification, valid for one year, between September 2026 and September 2027. At first glance, it seems like just another human resources announcement—one of those that gets published and then forgotten. But in the Venezuelan banking context, where the turnover of qualified personnel has become a silent headache, the information deserves another interpretation.

The bank holiday left a figure that is rarely seen in Venezuela’s financial system: 15,400 underage people banked in a single day, according to Bancamiga after its special back-to-school operation. The bank’s 51 branches opened from 9:00 in the morning and, through raffles, music, and face painting, parents and legal guardians with ID between 9 and 17 years old left with a Mastercard Kids Debit Card, provided at no cost.
Up to there, the story seems like a friendly weekend note. But for those of us who follow the day-to-day of the parallel exchange market, the P2P, and the USDT ecosystem in Venezuela, this move has another interpretation: traditional banking is trying to groom the next generation of users before something else captures them first.

The National Bank of Credit (BNC) brought an end to the Social Week promoted by the World Savings Banks and Retail Financial Services Institute (WSBI, for its acronym in English), a global initiative that this year was promoted under the slogan “Transforming local actions into global impact.” The closing ceremony had a specific setting: the Espíritu Santo parish in Los Corales, in the state of La Guaira, where the institution worked with the local Diocese to deliver school supplies, medical care, CPR workshops, and even a children’s play.

On September 18, 2026, the delivery of the stipend from the Social Movement Somos Venezuela for the current month began—an payment that is distributed in stages through the Carnet de la Patria. The figure confirmed by Canal Patria Digital provides a concrete number: Bs. 4.556,30, equivalent to about US$5,37 at the current exchange rate of the Central Bank of Venezuela.
📊 The numbers behind the announcement
Compared to August 2026, when the deposit was Bs. 4.190,60, the increase reaches 8,73%. That is, nearly one ninth more bolívares in the beneficiaries’ pockets compared to the previous month. The unavoidable question, however, is how far that increase goes when measured against the dollar, against the basic basket, or against what you can actually buy today in a grocery store, a pharmacy, or a bakery.