Venezuelan Petro Payments May Be on the Rise

Cointelegraph

Published Jun 12, 2020 04:00PM ET

Updated Jun 13, 2020 09:20PM ET

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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