From Peso Problems to Crypto Comeback
When inflation bites, Argentinians buy stablecoins.
If there’s one thing about recurring trends, it’s that they point you to where the big money is. Right now, that map points to Argentina, a crypto hotspot, with about 10 million people owning crypto and inflows reaching $91 billion as of last year.
The South American country, which has seen years of hyperinflation—a peso losing value by the week and tight capital controls—has made crypto, especially stablecoins, a lifeline. Local startups and global exchanges are rapidly launching wallets, payment tools, and DeFi platforms. Even regulators are stepping in with new rules for virtual asset service providers.
If this pace keeps up, Argentina could remain Latin America’s crypto trendsetter for years to come.
Until the next one,
— Ladou
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