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Opposition leaders launch unprecedented partnership to funnel funds, bypassing Maduro controls

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A number of opposition leaders in Venezuela are financially skirting the regime of Nicolas Maduro with an unprecedented public-private partnership known as the "stablecoin solution," as the Venezuelan bolívar faces dizzying depreciation.

Circle, a cryptocurrency firm that issues the fully reserved digital dollar (USDC) stablecoin, announced this week that it is working with the U.S.

government and Latin America-based crypto exchange Airtm to transmit U.S. aid to Venezuela, in support of opposition leader Juan Guaidó.

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