Argentina has emerged as a global leader in cryptocurrency adoption, particularly in stablecoins, with a remarkable adoption rate of 61.8%. The country also boasts a crypto penetration rate of 22.8% in the Western Hemisphere, with over 5 million Argentinians integrating crypto into their daily lives. Among young people aged 18-35, 25-30% use crypto wallets as their primary financial tool.
In major Argentine cities, nearly all stores accept USDC payments through Mercado Pago, and over 6,000 informal OTC shops facilitate crypto-to-cash exchanges. Additionally, Argentina contributes significantly to the Ethereum ecosystem, accounting for 4-6% of its GitHub codebase, leading among non-English-speaking countries.
Argentina Leads Global Stablecoin Adoption with 61.8% Rate
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