Markets· ★★· bullish·

USDT hits all-time high of 1,675 pesos in Argentina

  • —USDT traded at 1,675 Argentine pesos, an all-time high
  • —The rally is tied to a rebound effect from Lula's win in Brazil
  • —The premium over the official rate reflects demand for dollars outside banks
Why it matters: The record peso price of USDT highlights how heavily Argentines rely on stablecoins as a hedge against currency devaluation.
#USDT
Source: CriptoNoticias
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