Argentina’s incoming Congress is expected to confront major cryptocurrency and stablecoin policy questions in 2026 as lawmakers reassess strategies to stabilise the economy.
Deputy Martín Yeza said the government is reviewing traditional dollarisation plans and may integrate digital assets as substitutes for the US dollar in daily payments.
If a series of reforms are implemented, we will face significant resistance, and those kinds of sessions will certainly not be well-received in Congress.
Martín Yeza said.
Yeza argued that stablecoins could assume a pivotal role within Argentina’s payment infrastructure amid persistent inflation and currency instability.
He added that allowing the central bank to hold cryptocurrencies could strengthen financial flexibility even if such powers are not immediately exercised.
The deputy also proposed that state-owned firms, including energy giant YPF, should be permitted to mine cryptocurrencies under a regulated framework.
President Javier Milei previously campaigned on abolishing the central bank and fully dollarising the economy to curb soaring inflation.
Analysts note that a revised approach incorporating crypto assets may offer political and logistical advantages over full dollarisation.
Crypto entrepreneur Rocelo Lopez backed what he described as an economic “tetherisation”, referencing the growing reliance on digital dollar instruments.
Lopez highlighted that conventional dollarisation would require approval from Washington and incur high costs linked to transporting physical cash.
He stressed that a tetherised system could deliver faster, traceable and lower-cost transactions without direct involvement from US authorities.
Recent industry reports indicate Argentine banks are preparing to roll out cryptocurrency services for retail and corporate clients.
The central bank is reportedly drafting special measures to allow private banks greater access to cryptocurrency markets.
Observers say these developments signal growing institutional acceptance of digital assets within Argentina’s formal financial system.
Analysts believe any legislative push in 2026 could mark a decisive shift in how Argentina manages monetary stability and payments.