Bitcoin.com News
Bitcoin.com News|Mar 14, 2025 13:31
📊 Bitso has released its latest Crypto Landscape report for Latin America, revealing a 12% growth in the crypto market in 2024! Despite challenges, the region remains fertile for crypto, especially in countries like Argentina and Brazil. Stablecoins are still the preferred choice, making up nearly 40% of all transactions as users navigate difficulties accessing dollar-denominated accounts. 💵 Meanwhile, Bitcoin's share has dropped to 22%, down from 38% in 2023, attributed to its rising price and the "HODL" strategy. However, Latam users are keen on diversification, with 38% holding three or more cryptocurrencies. Ether and Solana are gaining traction, while XRP saw a resurgence, capturing 9% of purchase volumes due to its utility for international transfers. 🌐 CEO Daniel Vogel emphasized that this diversification and the growth of stablecoins reflect the market's maturity and Bitso's commitment to driving financial innovation in the region. What are your thoughts on the evolving crypto landscape in Latin America? Let us know! 💬
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