Stablecoin Adoption Surges in Latin America as Users Turn to USDC and USDT for Stability
Stablecoins, particularly Circle’s USDC and Tether’s USDT, are increasingly popular in Latin America as users seek protection from economic instability. According to Bitso’s latest Latin America Crypto Landscape report, stablecoin purchases on the platform surged, comprising 39% of all cryptocurrency transactions in 2024, up from 30% the previous year. This ...