60% of the purchases made in the country are those known as stablecoins. Local users prioritize coverage, rather than financial speculation.

High inflation rates create an incentive for consumers to look for safe and fast options to protect their money from devaluation. The report also identifies the user profile in Latin America, detailing data such as gender, age and geographical location, and highlights that in Argentina Bitso clients grew 16% year-on-year during the second half and already exceed one and a half million.