- How It Works -
This is how the Venezuela Protocol works.
From sanctions screening to stablecoin settlement to a permanent on-chain compliance record, every payment follows the same six steps.
Through Interstice, sending payments is nearly as simple as sending an international bank wire.
All users are screened before being granted access to the platform.
Before an account can be created, every user, U.S. sender or Venezuelan recipient, must complete full KYC/KYB and sanctions screening at the entity and wallet level. No user may transact anonymously.
Verification complete
KYC · KYB · OFAC · Wallet analytics
SENDER
New York, NY · USA
EIN: 12-3456789
RECIPIENT
Maracaibo · Venezuela
RIF: J-11223344-5
SCREENING RESULTS
Venezuelan recipient submits an invoice.
A pre-screened recipient uploads an invoice with payment amount and terms.
VENEZOLANA AGRO CORP
Zona Industrial · Galpón 12, Maracaibo, Venezuela
facturacion@venezolanaagro.com.ve · +58 261 552 1040
Facturar a
Acme Capital LLC
1 Wall Street, New York, NY 10005, EE.UU.
EIN: 12-3456789
Forma de pago
Transferencia / USDT
Por servicios de exportación prestados durante el período de Abril 2026
Contrato de suministro N°: INV-2026-004
Esta factura va sin tachaduras ni enmendaduras. · N° de Control 00-038921
U.S. senders initiate payment in U.S. dollars.
The sending company confirms the invoice amount. The receivable is recorded on-chain.
Invoice from Venezolana Agro Corp
INV-2026-004 · Issued: Apr 10, 2026 · Due: Apr 24, 2026
FROM
Maracaibo, Venezuela
RIF: J-11223344-5
TO
New York, NY
EIN: 12-3456789
LINE ITEMS
U.S. sender confirms compliance trail.
The sending company confirms the transaction falls within the applicable General License and reconfirms all compliance information including recipient KYC, KYB and sanctions screening. The attestation is timestamped and recorded on-chain.
Review & confirm payment
All details pre-filled from INV-2026-004
I confirm this payment complies with OFAC General License 46A.
Venezuelan recipients receive payment in stablecoins.
Payment received
Funds arrived in your Binance wallet
Compliance record generated.
An immutable on-chain record is created containing every element of the transaction. Available for export at any time.
Payment to Venezolana Agro Corp
PAY-2026-04-00022 · Apr 22, 2026
FROM
1 Wall Street, New York, NY 10005
EIN: 12-3456789
TO
Zona Industrial, Maracaibo, Venezuela
RIF: J-11223344-5
PAYMENT SUMMARY
COMPLIANCE