The Venezuelan government has decided to switch to paying social benefits in the national cryptocurrency Petro to fight inflation, President Nicolas Maduro said.

"Today I accepted a proposal that will serve financial and economic stability - to "petrolize" social benefits for employees of the centralized, decentralized public administration and public sector," the politician said.

According to Maduro, this is how the government intends to protect the real value of social payments in the face of hyperinflation.

Translated with www.DeepL.com/Translator (fr