Petro-pegged fiat currency

Venezuelas president, nicolas maduro officially announced that they are all set to land its new fiat currency pegged in next month for its oil-backed petro cryptocurrency.

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Petro-pegged fiat currency

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Venezuela to create petro-pegged fiat currency next month.

According to president nicolas maduro, venezuela, battling one of the deepest economic recessions on record, is set to launch a new fiat currency pegged to petro cryptocurrency that is, in its turn, pegged to oil next month.

Petro-pegged fiat currency

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Venezuela set to launch petro-pegged fiat currency in october.

Venezuela to launch petro-pegged fiat currency next monthvenezuela, a country battling one of the deepest economic recessions on record, is set to launch a new fiat currency pegged to its oil-backed petro cryptocurrency next month, according to president nicolas maduro.

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According to a local news outlet telesur, venezuelas president, nicolas maduro will be launching a new fiat currency that is pegged to its oil-backed petro cryptocurrency next month.