Latin Americans Turning to Dollar Stablecoins Amid Inflation Surge: Paxos

Latin Americans Turning to Dollar Stablecoins Amid Inflation Surge: Paxos


As the region is enduring the highest inflation in the world, lingering around 12%, the dollar keeps its dominant position as a tool to counter the local inflation challenges. In this way, Latin Americans already see dollar-backed stablecoins as more secure than their own currencies, the report said.

Continue reading


 

Join the conversation!

Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!

Thanks for sharing!
Send this to a friend