Venezuelan Petro Payments May Be on the Rise By Cointelegraph

Venezuelan Petro Payments May Be on the Rise By Cointelegraph


Venezuelan Petro Payments May Be on the Rise

The Venezuelan government announced on June 11 that almost 15% of all fuel payments at petrol stations across the country were made using the Petro (PTR). This rise comes during the first week of the new state-backed plan to promote widespread use of the token.

According to a report from Ultimas Noticias, 40% of the PTR transactions passed through the foreign stations.

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