Amid the 2025 midterm elections, Argentines have significantly increased their purchases of U.S. dollar stablecoins, with trading volumes on stablecoin pairs surpassing $13 million. This surge reflects the growing reliance on stablecoins as a hedge against economic uncertainty, as citizens aim to safeguard their savings from potential depreciation of the Argentine peso. The heightened demand underscores the role of stablecoins in providing financial stability during periods of political and economic volatility.
Argentines Turn to USD Stablecoins Amid Peso Volatility During Elections
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