Chainalysis: Latin America Emerges as Global Stablecoin Hub
- —Brazil received over $252 billion in crypto inflows, leading the region
- —Venezuela's crypto adoption surged 107.2% after Maduro's arrest
- —Stablecoins accounted for 32.1% of cross-border value and 22.1% of domestic P2P
- —Self-custody share fell to 28.8% from over 50% before 2022
Why it matters: Stablecoin growth in LATAM underscores demand for dollar-denominated assets in high-inflation economies with weak local currencies.
Source: Bitcoin.com