Latin America is emerging as a leading region in the adoption and use of stablecoins within the cryptocurrency market, with approximately 90% of crypto exchange activity in the region involving stablecoins such as USDT and USDC. This trend contrasts with the United States, where cryptocurrency is primarily viewed as speculative, whereas in Latin America it serves as a tool for financial stability. Argentina stands out as a key player, receiving nearly 50% of global stablecoin payments. Stablecoins have become the backbone of Latin America's on-chain economy, facilitating payments and remittances. Industry reports and experts highlight that 86% of centralized exchange volume in Latin America is driven by stablecoin trading rather than traditional cryptocurrencies like Bitcoin or Ethereum. This growing importance of stablecoins is underscored by upcoming events such as the Stablecoin Conference LatAm scheduled for August 27-28 in Mexico City, which aims to explore how stablecoins are transforming payments and remittances in the region.
90% of crypto exchange activity in LATAM is in stablecoins. As @dune's @filippoarman highlights in his LATAM report, stablecoins are the backbone of the region's onchain economy. Acctual builds on this trend by giving businesses & freelancers the tools to easily invoice, pay, https://t.co/SpCxSGuYWi
#Patrocinado | Conoce como las stablecoins transforman los pagos y remesa No te pierdas la Stablecoin Conference LatAm los días 27 y 28 de agosto en CDMX. Regístrate aquí: https://t.co/9nypWIJehQ https://t.co/JvbLnzMbv1
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