Donald Trump’s election victory and promised crypto-friendly policies could accelerate digital asset adoption in Latin America, where stablecoins and Bitcoin already serve as inflation shields and remittance channels for millions, experts say.
Regional exchanges are reporting a spike in crypto activity as the President-elect’s pro-Bitcoin stance resonates in inflation-hit economies.
The president-elect’s pledge to establish a national Bitcoin reserve and ease regulatory burdens arrives as Latin America emerges as a key growth market, processing over $85 billion in crypto transactions annually, according to Chainalysis data.
Regional players see Trump’s win as a potential catalyst for increased institutional adoption and cross-border flows.
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Nov 13 2024
