Chainalysis: Latin America crypto volume hits $593.8B over 12 months
- —Regional crypto volume reached $593.8B, up 9.8% year over year
- —Brazil led with $252.5B despite a 1.6% decline
- —Mexico rose 25.5%, Argentina 15.3%, Venezuela 107.2%
- —Stablecoins made up 32.1% of cross-border transfers in June
Why it matters: Stablecoin growth in high-inflation economies is intensifying competition between local exchanges and global players like OKX.
Source: BeInCrypto BR