Dash (DASH) Crypto-Adoption in Venezuela Rockets Away: 1# Place
Top destination for Dash commerce and adoption is concluded to be Venezuela as it has experienced a strong rise even flying past the US.
DASH Being Accepted
Over 1,250 firms in a global range are listed on DiscoverDash that are open for Dash payments. Out of which over 20% of the global trading or 273 are based in Venezuela. That brings Venezuela to the first place of choice by business that are accepting DASH, even passing the United States. The US counts 255 per time of writing. Very specific but quite impacting, New Hampshire lists 69 right now, which is to be noticed keeping in mind its low population.
However, the highest concentration if compared to the number of population – the capital of Caracas is standing out with one Dash accepting merchant per 11k people. 165 are currently based in the city.
The rocketing rise of adoption in Venezuela particularly as it seems does not come only by the interest in the coin. There is a project or initiative called the Dash Merchant Venezuela which brings a merchant onboarding program. On top of the cake, it includes also a help desk where could-be users can call for support.
Alejandro Echeverría – Business Development head at Dash Merchant Venezuela added:
“We are very excited about our results. In the first month we tested our strategies and we made a lot of improvements, right now we are in our 2nd month and we are affiliating approximately 100 merchants per week. We are aiming to get approximately 200 per week by the next month. We are also in negotiations with big companies and franchises, we hope they get on board very soon since everyday there are more and more merchants, it is also a matter of trust and we take that very seriously. We believe this is the right path to follow towards a real mass adoption of Dash in Venezuela and we are showing that it is possible.”
Professional operations such as this are enabled by Dash’s treasury, which allows a portion of the coin’s supply created every month to be used for development.
Per time of writing it is one of leading digital currencies in recovery against the US Dollar as it has gained 3.02% in the last 24-hours. If all works well for the market after all, a return above $300.00 could ensure a well position token price for a longer time.