Argentines keep savings in USDT instead of pesos - Forbes
The annual inflation rate in Argentina reached 276%🗃
Despite the economic crisis, the country has the highest level of cryptocurrency adoption in the Western Hemisphere.
Against the backdrop of the weakening of the national currency, Argentines are looking for new ways to store their savings. Previously, they bought US dollars on the "black market", but with the spread of cryptocurrencies, they began to prefer digital assets.
According to a Forbes study, out of 130 million visitors to 55 crypto exchanges, approximately 2.5 million were from Argentina. These data indicate a high level of adoption of cryptocurrencies in the country.
