Venezuela's crypto activity doubles in a year, fastest growth in Latin America
- —Venezuela's crypto activity hit $39.1 billion, up 107.2% year-on-year
- —Mexico grew 25.5%, Argentina 15.3% and Colombia 13.8% over the same period
- —Brazil leads the region by volume at $252.5 billion; Latin America totals $593.8 billion
- —Crypto outflows from Venezuela jumped 891.7% quarter-on-quarter after Maduro's arrest
Why it matters: The data confirms stablecoins are becoming the primary savings and remittance tool in countries facing currency crises.
Source: Digital Today
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