Venezuelan payment company Conexus is developing a system to integrate Bitcoin and stablecoins into the national banking network. Conexus, which handles approximately 40% of electronic transfers in the country, plans to enable banks to directly offer custody, transfer, and fiat exchange services for cryptocurrencies. President Rodolfo Gasparri highlighted the increasing use of stablecoins like USDT by citizens as a hedge against the severe devaluation of the national currency. The project is expected to launch in December.