Cryptocurrencies

    Argentina tops in LatAm crypto use as Tether rules stablecoins

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    Argentina is at the forefront of cryptocurrency adoption in Latin America.

    This trend is highlighted in the "Argentina Crypto Capital" report by Lemon, a prominent local exchange, revealing that 40% of cryptocurrency app usage in the region is attributed to Argentines.

    Furthermore, the report notes that more than 70% of the deposits handled by the exchange are in USDT (Tether), the US dollar-pegged stablecoin, underlining its dominance in the stablecoin sector.

    This significant adoption rate showcases Argentina's leading position in embracing digital currencies within the Latin American landscape.

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