Argentina Leads Latin America in Crypto Adoption Amid Hyperinflation
Argentina’s Crypto Boom Amid Economic Turmoil
In the heart of South America, Argentina has emerged as a surprising frontrunner in cryptocurrency adoption, with nearly one in five citizens now holding digital assets. According to a recent report from Bitcoin.com News, the country boasts a 19.8% ownership rate, edging out regional heavyweights like Brazil at 18.6% and El Salvador at 15%. This milestone reflects not just enthusiasm for blockchain technology but a pragmatic response to chronic economic instability, including hyperinflation and strict capital controls that have eroded trust in the peso.
The surge in crypto ownership is particularly pronounced among younger demographics. Data from Rankings Latam, as highlighted…
