Venezuelans in the U.S. recognize the importance of remitting money to their homeland. Since December 2025, there has been a notable shift: more than 25% of remittance flows from the U.S. to Venezuela now move through licensed, formal money transfer channels. With total remittances estimated at US$6 billion, with half originating in the United States, this change signals an important transformation in how remittances are sent and received.
What is driving this move toward formal transfers? Will increased competition bring more options and better services to consumers? Is this growth sustainable over the long term? And could these inflows help stabilize Venezuela’s foreign exchange market?
Join the Dialogue on February 23, 2026, from 9:15 AM to 11:00 AM ET for a timely and insightful conversation on US-Venezuela remittance market trends. This is a hybrid event—attend in person or online.
Follow this event on X at @The_Dialogue.
This event will be held in English.
SPEAKERS
MANUEL OROZCO
Program director, Migration, Remittances, and Development, Inter-American Dialogue (@manuelorozco65)
CLAUDIA GARAVINI
Vice president, Strategy and Business Development, Félix Pago (@GaraviniClaudia)
GENE NIGRO
Vice president, Remitly
JUAN MENDOZA
CEO, Zinli
