Ariel: Venezuela Lopped 14 Zeroes off its Currency
Ariel: Venezuela Lopped 14 Zeroes off its Currency
8-31-2026
Hypothetically Speaking:
Venezuela has lopped 14 zeroes off its currency since 2008. The “Soberano” series itself was redenominated into the “Digital” Bolivar in 2021 at a 1:1,000,000 ratio.
Venezuela pegs VES to XRP/XLM/ADA infrastructure and backs it with oil+gold reserves at a fixed rate. Ex-Reval- triggers globally — $300 (VES-Digitales Soberano) million on 1B notes at 30 cents is your number.
Gold Is A Tier 1 Assets
So I would personally be shocked if that doesn’t end up being the case.
Right now VES trades around 0.00126 USD — roughly 1/238th of a cent. A jump to 30 cents is a ~23,716x increase from current rates.
That’s not a revaluation — that’s a peg reset, the kind of move that only happens when a nation backs its currency with hard assets (gold, oil reserves, tokenized commodities on ledger). Sounds like what Iraq is doing.
Kurdistan 24 English: U.S. President Donald Trump says Washington has reached what he calls the "biggest oil deal in world history" with Venezuela, covering more than 65 billion barrels of proven reserves. President Trump says the agreement gives the U.S. majority control through a private-sector partnership and could eventually lower American gasoline prices. Venezuela says the projects could attract about $100 billion in investment. Read more:
Trump Calls Venezuela Agreement 'Biggest Oil Deal in World History' https://www.kurdistan24.net/en/story/935720/trump-calls-venezuela-agreement-biggest-oil-deal-in-world-history
