Bitcoin's dominance in Latin America's crypto landscape remains unchallenged, representing a staggering 53% of users' portfolios as of 2023, according to a report by Bitso, a leading cryptocurrency exchange in the region.

Brazil emerges as a frontrunner, boasting 58% of Bitcoin holdings, closely trailed by Mexico with 40%, showcasing a clear preference for the world's most renowned cryptocurrency amid economic turmoil.

While Bitcoin maintains its stronghold, alternative cryptocurrencies have also gained ground, with stablecoins like USDC and USDT witnessing a surge in popularity, particularly in countries like Argentina grappling with soaring inflation rates.

The influx of women into the crypto space, especially in older demographics, signals a shifting perception of cryptocurrencies as a viable investment avenue, fostering a more inclusive and diverse crypto community in Latin America.

With OKX's recent expansion into Argentina, offering a comprehensive suite of crypto services including self-custody wallets and NFT trading, the region's burgeoning interest in digital assets is further accentuated, paving the way for a transformative era in Latin America's financial landscape.