Markets· ★★· neutral·

Argentina's crypto dollar tops 1,600 pesos as gap with official rate widens

  • —USDT trades above 1,600 pesos on Argentina's P2P market
  • —Spread over the official wholesale rate reached 6.6%
  • —The rise coincided with Milei's comments on a currency run
Why it matters: The widening gap signals growing Argentine demand for stablecoins as a hedge against peso devaluation.
Source: CriptoNoticias