Bitso: Stablecoins Hit 40% of Latam Crypto Buys
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Bitso: Stablecoins Hit 40% of Latam Crypto Buys
Bitso's 2025 report reveals that stablecoins, particularly USDC and USDT, accounted for nearly 40% of all crypto purchases in Latin America. Bitcoin remains the most widely held asset, representing 52% of portfolios. In Argentina, stablecoins dominate, comprising over 70% of purchases. Brazil shows a more balanced market with stablecoins at 34% and Bitcoin at 22%. The findings indicate a shift towards using crypto for financial stability and infrastructure rather than speculation.
"The report analyzed data from nearly 10 million customers across key markets including Argentina, Brazil, Colombia, and Mexico, finding that nearly 40% of all purchases in 2025 involved dollar-pegged assets."
"In Argentina, dollar domination is large, with USDC and USDT totaling over 70% of all cryptocurrency bought, reflecting a structural shift in how crypto is being used across the region."
"According to Bitso, these findings reflect a structural shift in how crypto is being used across the region: less as a speculative instrument and increasingly as financial infrastructure for savings, payments, and commerce."
Read at news.bitcoin.com
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