June 7, 2025

Venezuelans and Argentinians rely heavily on crypto amid economic crisis

1 min read

The economic crises in Venezuela and Argentina have forced many citizens to turn to crypto as a savior. Plagued with runaway inflation and unstable local currencies, they have no choice but to use crypto to maintain their savings and even carry out daily transactions. Chainalysis reports that Latin America has the seventh-largest crypto economy globally,

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Source: Cryptopolitan

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