I think it has to do with changing legal status of dollar in Venezuela. > Until recently, using foreign money was a crime the government enthusiastically threa

I think it has to do with changing legal status of dollar in Venezuela. > Until recently, using foreign money was a crime the government enthusiastically threatened to prosecute. After the ruling socialists established currency controls back in 2003, they began patrolling for transactions that ran afoul of their Kafkaesque rules about money. Plain-clothed inspectors ran stings and raided businesses. > ... > According to the calculations of one top bank executive, about 30% of all transactions are made in dollars these days. I’d be shocked if that percentage didn’t keep growing. Which seems to be making moot one of the big theoretical debates in opposition circles: whether to adopt the dollar as Venezuela’s currency if they finally manage to take power from the socialists. The people already have. https://www.bloomberg.com/news/articles/2019-06-18/once-forbidden-u-s-dollar-is-suddenly-everywhere-in-venezuela https://www.bloomberg.com/news/articles/2019-06-18/once-forb... This legal change happened very recently. August 2018, according to Bloomberg: https://www.bloomberg.com/news/articles/2018-08-02/venezuela-eases-foreign-exchange-controls-amid-economic-meltdown https://www.bloomberg.com/news/articles/2018-08-02/venezuela...