Argentina's persistent high inflation and capital controls have significantly boosted the adoption of cryptocurrencies, particularly stablecoins, as essential financial tools. According to a report by IOSG, the country ranks among the global leaders in cryptocurrency ownership and trading activity. Stablecoins dominate local transactions, primarily serving as a hedge against the devaluation of the Argentine peso and facilitating cross-border payments.
Argentine Inflation Drives Stablecoin Adoption Amid Economic Turmoil
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