Argentina leads surge in Latin American crypto adoption

Cryptocurrency adoption is surging in Latin America, with Argentina leading the charge, DL News reported, citing a report from crypto exchange Lemon. Last year, the region's crypto adoption rate was three times faster than that of the U.S., with Argentina ranking first in monthly active users. While Argentinians have historically used stablecoins to combat inflation, usage among locals and tourists increased last year due to the expansion of payment infrastructure. Peru also showed growth in areas such as crypto-related app usage and exchange trading volume.