ChainCatcher News, according to News.Bitcoin.com, blockchain data company Chainalysis stated in its latest report that the cryptocurrency adoption rate in Argentina has approached 20% and is on a continuous upward trend. This means that 8.6 million Argentinians own or are using some form of cryptocurrency, making the country one of the highest in digital asset adoption rates.
The report also states that stablecoins were initially used to combat inflation, and now Argentinians are using stablecoins to earn yields and effectively utilize their assets.
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