Bitcoin News Today: Generation Z Drives 39% Crypto Spending on Games in Latin America

This week, the most significant development in the Latin American cryptocurrency landscape is the surge in daily crypto usage driven by Generation Z. This demographic is increasingly adopting cryptocurrencies for a variety of everyday expenses, highlighting a growing trend towards digital asset integration in daily life.

Millennials are also showing strong adoption rates, utilizing cryptocurrencies for a wide range of expenses, including subscriptions, travel, and digital entertainment. This demonstrates their comfort and familiarity with the technology, further solidifying the role of cryptocurrencies in everyday transactions.

On the other hand, stablecoins remain the most traded crypto assets in Latin America. USDT alone accounts for over 40% of all trading volume in the region, indicating a preference for stable value assets in a volatile economic environment.

Cryptocurrency is evolving beyond its speculative roots to become a popular payment mechanism for both ordinary purchases and high-value transactions. Gen Z leads in everyday cryptocurrency usage, spending 39% on games and 36% on necessities and trip tickets. Meanwhile, Gen X leads in high-value spending, with 40% utilizing digital assets for travel, digital goods, and even real estate.

Millennials have also shown great acceptance, utilizing cryptocurrency for a wide range of expenses such as subscriptions, travel, and digital entertainment, demonstrating their comfort with the technology.

Jamie Elkaleh, Bitget’s marketing director, attributes the seamless integration of QR codes and cryptocurrency cards to improved user experience and merchant uptake.

Regional data demonstrate how infrastructure and consumer behavior influence cryptocurrency spending patterns. Southeast Asia excels at gaming and gifting, whereas East Asia dominates daily shopping and digital product consumption. In Africa, 38% utilize cryptocurrency for educational cross-border payments due to poor banking access. In Latin America, 38% of people purchase digital products, while 35% shop online with cryptocurrency. In the Middle East, luxury and lifestyle products are driving adoption, with 31% interested in high-end products and 29% in autos.

These shifts indicate the growing practicality of digital assets, which is encouraged by initiatives such as Emirates Airlines’ collaboration with Crypto.com to improve crypto payment infrastructure.

Despite Bitcoin’s global increase following the legalization of spot BTC ETFs in January 2024, stablecoins are still the most widely traded crypto assets in Latin America. USDT alone accounts for more than 40% of all trading volume in the region, while Bitcoin accounts for only 24%. Ethereum (ETH) and XRP each account for roughly 10% of the market, with memecoins such as PEPE and DOGE also ranking in the top ten, demonstrating the region’s wide use of cryptocurrency, from payments to speculation.

The paper underlines that trading patterns differ greatly between local and worldwide markets. On regional marketplaces, XRP is more actively traded than Bitcoin, with volumes spread more evenly across assets. Global exchanges, on the other hand, focus the majority of their activity on a small number of coins.

Stablecoin usage in Latin America follows local economic conditions. While most countries increase stablecoin purchases during times of uncertainty, Brazilian traders behave more like developed markets, selling during risk-off periods and returning when confidence recovers.

The National Securities Commission (CNV) of Argentina has ordered a preventive suspension against Atómico 3 in its capacity as a Virtual Asset Service Provider (VASP). This judgment was announced in an official resolution published on the CNV’s website on July 14, 2025. On January 22, 2025, Atómico 3, a foreign corporation incorporated in Paraguay, was registered as a VASP with entry No. 103.

According to the CNV, the suspension is intended to provide the quick and effective protection of investors following the discovery of potential noncompliance with Atómico 3’s operations as a registered VASP. The suspension will be in effect until new developments warrant a reassessment of the measure. Furthermore, the CNV has the power to apply fines as considered necessary.