Argentina leads Latin America in crypto ownership with 19.8% of its population holding digital assets.

Argentina leads Latin America in crypto ownership with 19.8% of its population holding digital assets.

Argentina continues to lead Latin America in crypto ownership, with a significant 19.8% of its population holding digital assets. This trend reflects the country's growing interest and adoption of cryptocurrencies, driven by various factors including economic instability and the search for alternative investment opportunities.

Bitget Wallet, a prominent player in the crypto space, has expanded its zero-fee crypto cards into Brazil and is planning to extend its reach to other Latin American countries, including Argentina. This expansion is facilitated by a partnership with Mastercard and infrastructure provider Immersve [1]. The USD-based zero-fee crypto cards are now available in Brazil and are expected to reach other Latin American markets in the coming months.

Tether, a stablecoin issuer, has also invested in Bit2Me to enhance its presence in the European Union and Latin America. This strategic move aims to bolster Bit2Me's infrastructure and services, particularly in Argentina, a market known for its economic volatility [2]. The investment underscores Tether's commitment to expanding its influence in the region despite growing regulatory pressures.

DXC Technology, a leading global technology services provider, has further solidified its presence in Latin America by opening a new office in Buenos Aires. This move reflects the company's long-term commitment to supporting customers and talent in the region, as Argentina's IT services market is poised for renewed momentum [3].

These developments highlight Argentina's growing significance in the Latin American crypto landscape. As the country continues to lead in crypto ownership, it is likely to attract more investment and innovation, further cementing its position as a hub for digital assets.

References:
[1] https://crypto.news/bitget-wallets-zero-fee-mastercard-crypto-card-expands-into-latin-america-with-brazil-rollout/
[2] https://btc-pulse.com/tether-acquires-stake-in-bit2me-to-expand-in-eu-and-latin-america/
[3] https://www.marketscreener.com/news/dxc-opens-new-office-in-buenos-aires-reinforces-commitment-to-growth-in-latin-america-ce7c5edddb88f322