PETRO COIN
Petro Coin, or Petro, is Venezuela's national cryptocurrency launched in February 2018 and is backed by oil.
petro coin
Maduro: Venezuela to Activate Crypto Payment Method ‘Soon’
Taking a page from North Korea, Venezuela is looking to skirt U.S. sanctions by using crypto. According to Bloomberg, Venezuelan President Nicolas Maduro announced a crypto payment method that they will activate “very soon.”