Venezuela’s President Announced Airdrop of Petro Cryptocurrency

Petro was launched in 2018, and it’s considered to be the first cryptocurrency that was supported by a state – Venezuela. It’s a national cryptocurrency equal to the country’s fiat currency, bolivar. Petro is a stablecoin, which means that it’s pegged to an asset. In case of this cryptocurrency, that asset is mostly oil, 50% […]

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