Argentina tops in LatAm crypto use as Tether rules stablecoins

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.