Explosive Stablecoin Adoption Grips Latin America Amid Inflation Surge

Quick Summary:

In Latin America, a fascinating trend is taking hold as people are increasingly turning to stablecoins to shield themselves from economic turbulence.

Imagine a digital currency designed to hold its value steady, even when local currencies are fluctuating wildly.

According to a Cointelegraph report, stablecoin adoption on Bitso reached a significant 39% of total purchases in 2024, a substantial jump from 30% the previous year.

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Article Details

Author / Journalist: Editorial Team

Category: Crypto

Markets: IndiaArgentina

Topics: Inflation Crypto News Stablecoins CRYPTOCURRENCY Crypto adoption

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-13 @ 17:00:32 (1 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 412 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 13 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BitcoinWorld

News ID: 26958608

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

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Year Established: 2020

Headquarters: India

News Last Updated: 11 hours ago

Coverage Areas: India

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Publication Timezone: GMT +8:00

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Publisher ID: #121

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