Venezuela's state-owned oil entity, PDVSA, is accelerating its transition towards utilizing Tether in oil sales to prevent potential funds from being frozen in foreign bank accounts due to new US oil sanctions. The US Treasury's recent decision complicates Venezuela's oil sector, requiring individual approval for transactions until the end of May. PDVSA has been gradually shifting to USDT since the previous year to stabilize payments tied to the US dollar. Oil Minister Pedro Tellechea is contemplating the adoption of cryptocurrencies for oil contracts, with PDVSA now stipulating that 50% of payments for immediate oil transactions must be made in USDT. This change follows a large corruption scandal involving past crypto dealings worth $21 billion. Under Tellechea's direction, oil exports have increased to 900,000 barrels daily in March, the highest in four years. New customers are obligated to possess cryptocurrency, even if contracts do not specifically mention USDT. Traders are finding PDVSA's requirement of USDT without intermediaries challenging due to compliance constraints. Despite the stability of USDT, global oil transactions continue to depend mainly on traditional currencies. PDVSA's choice mirrors a broader movement towards embracing digital currencies in worldwide commerce.