Stablecoins account for 94% of Argentina’s peso-denominated cryptocurrency trading volume, according to an a16z Crypto analysis published on Aug. 30 using market data from Artemis.
Summary
- Stablecoins represent 94% of peso-denominated crypto trading volume across the major currencies tracked by Artemis.
- About one in five Argentines uses cryptocurrency, according to adoption research cited by a16z Crypto.
- Downloads across Argentina’s 15 leading cryptocurrency applications increased 93% year over year during 2024 nationwide.
- Argentina removed individual foreign-exchange purchase limits in April 2025, narrowing official and parallel dollar premiums.
- Deel’s indexed data…
