argentina

The use of stablecoins in Argentina skyrocketed over the weekend as the country reeled from the unexpected victory of President Javier Milei. Tired of endless peso turbulence, Argentinians rushed to dollar-backed cryptocurrencies to protect their savings from another potential collapse of the national currency.

Panic and Euphoria: Record Weekend Trading Volumes
Facundo Werning, former Tether expansion manager and now head of the stablecoin issuer Agora, reported that weekend trading volume between the U.S. dollar and the Argentine peso surged to $13.4 million — a sharp increase compared to normal days.
“Argentinians reacted immediately. Many sold pesos as soon as exchanges opened and bought crypto dollars in bulk,” Werning explained.
According to financial analyst Santiago Vivanco, the pre-election atmosphere was filled with tension — nobody was holding large amounts of cash in pesos. It was widely expected that if the left-wing Unión por la Patria party won, the peso would plummet. On prediction platform Polymarket, the party’s winning probability reached 55%.
The situation escalated further after Donald Trump warned that the U.S. “would not waste time helping Argentina” if Milei lost. As a result, Argentinians rushed to convert their savings into stablecoins — primarily USDT and USDC — to hedge against a possible peso crash.

Milei Boosts Markets: Peso Strengthens, Crypto Dollar Drops
Once Milei’s victory was confirmed, markets responded surprisingly positively. The Argentine peso strengthened on Monday morning, while the crypto dollar — which had soared over the weekend — began to decline again.
“It’s ironic — people fled to the dollar at first, but once the results came in, the trend reversed,” Werning said.

Record Day for Crypto App Lemon
South American crypto platform Lemon announced that on October 27, it recorded the third-highest daily trading volume in its history. The biggest surge came at 9:00 p.m. local time, when election results were announced.
“Stablecoins became the mirror of the nation’s mood,” said a Lemon spokesperson. “The crypto dollar is no longer just a hedge — it’s a real-time thermometer of Argentina’s political and economic pulse.”
According to Lemon Dashboard data, the peso’s rate against the crypto dollar dropped to 1,572.5 ARS/USD around 2:00 p.m. on Sunday but quickly recovered after the results were confirmed, reaching 1,350 ARS/USD by 10:00 a.m. Monday. This shift, the company noted, reflected an optimistic market sentiment and renewed faith in the country’s leadership.


Three Argentinas, Three Exchange Rates
Santiago Vivanco reminded that Argentina doesn’t have just one exchange rate:
🔹 Official Bank Rate – Regulated by the government, but limited to $200 per month per person

🔹 “Blue Dollar” Rate – The more favorable black-market rate offered by street exchangers

🔹 Crypto Dollar Rate – Determined by supply and demand through stablecoin trading, available 24/7
Vivanco emphasized that the crypto dollar never sleeps — while banks and street exchangers close on weekends, stablecoin trading continues nonstop. “That’s why it’s the most accurate indicator of the peso’s real value,” he said.

Peso on the Edge: Record Lows and Hopes for Change
Despite Trump’s $40 billion rescue package, the peso hit a record low of 1,491.5 ARS/USD last Friday. However, many economists agree that without Milei’s Libertad Avanza (LLA) party winning the most seats, the situation could have been far worse.
“Argentinians are used to uncertainty, but this time, cryptocurrencies became their fastest defense against both inflation and politics,” Vivanco concluded.

One-Minute Summary
🔹 Stablecoin trading volume surged by tens of millions of dollars

🔹 The crypto dollar became the nation’s real-time sentiment gauge

🔹 The peso temporarily strengthened after Milei’s win

🔹 Lemon app saw record-high activity

🔹 Three different exchange rates continue to complicate Argentina’s economy


#Stablecoins , #argentina , #JavierMilei , #USDT , #USDC

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,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Argentina just witnessed a financial earthquake — and it’s shaking global markets. President Javier Milei, the outspoken libertarian and close ally of Donald Trump, secured a historic midterm victory that sent Argentine assets into a full-blown rally. Within hours, the Buenos Aires market exploded — stocks up 25%, bonds climbing over 15 cents, and the peso recording its biggest one-day jump in three decades.
This was more than a political win. It was a market revolution. With over 40% national support, Milei’s La Libertad Avanza movement dismantled the long-dominant Peronist control and unlocked renewed investor confidence. His victory is also linked to a $40 billion U.S. support package, blending a $20B central-bank swap line and another $20B credit line, contingent on his reform momentum.
Investors reacted instantly — international bonds surged, Argentine stocks listed abroad gained up to 50%, and the Global X MSCI Argentina ETF wiped out its yearly losses with a stunning 22% rebound. The peso’s resurgence reignited talk of deeper currency reforms, signaling Argentina may finally be ready to shift from crisis to confidence.
Analysts say Milei now has the political muscle to implement once-unthinkable economic changes. His conciliatory tone toward opposition lawmakers suggests a tactical move to push through structural reforms. As global investors take notice, optimism is mounting that Argentina could be entering its most promising economic cycle in decades.
Trump’s public praise only amplified the symbolism — two leaders, one ideology: free markets, less bureaucracy, and a strong dollar vision. For Argentina, it could mark the beginning of a financial renaissance, positioning the country back on the global growth map.
Outlook: Political stability and fiscal reform could trigger an investment wave unseen in years. If Milei delivers, Argentina may soon become the comeback story of the decade — watched closely by Wall Street, Washington, and beyond.
#argentina #Milei #TRUMP #GlobalMarkets
Notice:
The information and views presented in this article are for educational purposes only and should not be taken as financial or investment advice. Cryptocurrency and market investments involve risk and may lead to losses.

Argentine markets exploded with optimism on Monday after President Javier Milei, a staunch free-market advocate and close ally of Donald Trump, scored a resounding victory in the nation’s midterm elections.
The result triggered one of Argentina’s strongest market rallies in a decade – stocks soared, international bonds climbed over 15 cents, and the peso strengthened more than 10% against the U.S. dollar in a single session.
A Result That Shook the Markets
Milei’s party, La Libertad Avanza, secured 41.5% of the vote in Buenos Aires Province, defeating the long-dominant Peronist coalition, which received 40.8%.
Nationally, Milei exceeded 40% support, signaling that voters back his free-market reforms and aggressive austerity agenda.
The election was also a key milestone tied to a $40 billion U.S. support package, which includes a $20 billion central-bank swap line and a $20 billion credit line contingent on the continuation of Milei’s reforms.
Market reactions were immediate:
🔹 International dollar bonds jumped 10–15 cents, with the 2038 maturity climbing to 74 cents on the dollar.
🔹 Argentine stocks traded in the U.S. surged as much as 50%.
🔹 The Global X MSCI Argentina ETF gained 22%, erasing earlier-year losses.
🔹 The peso logged its biggest single-day rally in three decades.
La Libertad Avanza Gains Political Power
The victory gave Milei a stronger foothold in Congress.
“His win was far, far bigger than anyone expected,” said Thierry Larose of Vontobel Asset Management.
“From merely surviving politically, he’s now in a powerful position to form tactical alliances and push through reforms once deemed impossible.”
Christine Reed of Ninety One noted that Milei’s victory speech struck a conciliatory tone, signaling openness to cooperate with opposition lawmakers — a critical step for passing structural economic reforms.
Peso Rebounds and Sparks Currency Reform Talk
After months of extreme volatility and a 25% drop following the lifting of currency controls, the Argentine peso finally bounced back.
Its newfound strength has reignited debate over exchange-rate reform.
“The election outcome could start a positive cycle,” said Carmen Altenkirch of Aviva Investors.
“Locals may begin selling dollars again instead of hoarding them — a key step toward stabilizing the economy.”
According to Graham Stock of RBC BlueBay Asset Management, Argentina now faces a turning point as foreign investors regain confidence:
“After these elections, investors are more convinced Milei can maintain his reform agenda and attract capital ahead of the 2027 general elections.”
Trump’s Shadow and Global Significance
Milei has long been dubbed the ‘Trump of South America’ — echoing Trump’s anti-bureaucracy stance, pro-dollar policies, and tough position on China.
Trump personally congratulated him on X, writing:
“Javier is a fighter for freedom and truth. Argentina is back on the path to liberty!”
Outlook: Argentina Enters a New Era
With political risk reduced and investor confidence surging, Milei may accelerate one of the most ambitious economic restructuring plans in modern Argentine history.
Foreign capital is returning, the peso is stabilizing, and the markets are experiencing a renaissance few thought possible.
If the reforms hold, Argentina could once again become a symbol of economic revival — this time under the leadership of a president the world is watching as closely as his American mentor.
#argentina , #Milei , #TRUMP , #GlobalMarket , #GlobalMarkets
Stay one step ahead – follow our profile and stay informed about everything important in the world of cryptocurrencies!
Notice:
,,The information and views presented in this article are intended solely for educational purposes and should not be taken as investment advice in any situation. The content of these pages should not be regarded as financial, investment, or any other form of advice. We caution that investing in cryptocurrencies can be risky and may lead to financial losses.“

Esta semana, analizamos cómo la estabilización de
Argentina es prioritaria para Estados Unidos y hablamos del
sufrimiento de los productores de soja, mientras la guerra comercial entre EE.
UU. y China apenas muestra indicios de desescalada.

¿Se está hundiendo el sistema de jubilación fiduciario? Con
la incertidumbre en los mercados, el aumento de los despidos y los cambios en
la política monetaria, quizá sea hora de replantearse cómo proteger sus ahorros
a largo plazo.

Por qué la “ilusión de riqueza” oculta la verdadera
debilidad de las cuentas de jubilación basadas en moneda fiduciaria

Por qué la escasez y la curva de crecimiento de Bitcoin lo
convierten en el código de trampa para la planificación de la jubilación

Cómo transferir un antiguo 401(k) a una IRA de bitcoin
podría ofrecer ventajas fiscales y ayudar a generar riqueza generacional
Descubra cómo bitcoin puede proteger su poder adquisitivo, fortalecer su plan
de jubilación y ofrecer un nivel de soberanía que ningún otro activo de
jubilación puede ofrecer.

Estabilizar Argentina es América Primero
El ciclo informativo de las últimas semanas ha estado
plagado de noticias sobre el rescate multimillonario de Trump a Argentina,
aunque quizás mejor descrito como un "swap de divisas".
Recientemente, el partido del presidente argentino Javier Milei ganó
las elecciones intermedias de forma contundente, lo que le dio al
líder libertario una sólida posición en el Congreso para continuar impulsando
políticas agresivas de libre mercado que le han valido elogios y un salvavidas
financiero de Donald Trump. Este resultado se produjo después de que el partido
del presidente sufriera una aplastante derrota ante la oposición en las
elecciones locales de septiembre en la provincia de Buenos Aires (donde reside
más de un tercio del electorado del país), lo que provocó una caída del peso y
la extensión del apoyo financiero de la administración Trump para apoyar tanto
a la moneda del país como a su gobierno.
Argentina, históricamente, fue una nación increíblemente
rica hasta que, junto con el resto de Sudamérica, emprendió un camino hacia la
izquierda política durante el siglo XX, tras dos guerras mundiales. Matt
Dines describió brillantemente en una entrevista exhaustiva e imprescindible cómo
Argentina no logró desarrollar un sistema financiero propio y sólido y por qué
necesita a Estados Unidos como aliado ahora más que nunca.
#argentina
#Token #criptomonedas. #blockchain  #Criptonoticias

Argentina experienced a dramatic market reaction after Javier Milei’s decisive midterm victory. Within hours of the result, Argentine equities and bonds rallied sharply while the peso staged its largest one-day gain in decades — a clear sign that investors interpreted the political shift as an opening for rapid economic change.

Financial markets led the move. Buenos Aires stocks surged, international listings posted strong gains, and bond prices rallied as risk premia compressed. The Global X MSCI Argentina ETF and other Argentina-focused instruments erased recent losses almost overnight, reflecting a rush of renewed investor confidence into previously discounted assets.

At the center of market optimism is the prospect of a sizable U.S. support package reportedly tied to Milei’s reform agenda — a combination of a central-bank swap line and a credit facility that together could provide large-scale liquidity and external backing for policy shifts. Such backing, if confirmed and delivered, would materially reduce near-term funding stress and bolster Argentina’s balance-sheet outlook.

Politically, Milei’s La Libertad Avanza movement broke the long-standing Peronist dominance, securing broad public support and giving the new administration a stronger mandate to pursue fiscal and structural reforms. Milei’s conciliatory stance toward opposition lawmakers has further reassured some investors that reform measures might be achievable without prolonged congressional deadlock.

Despite the euphoria, important caveats remain. Markets have already priced in ambitious reforms; implementation risks, social backlash, and delays in external financing could quickly reverse sentiment. The pace and durability of the rally will depend on concrete policy steps, credible fiscal consolidation, and transparent engagement with domestic and international stakeholders.

Outlook: If Milei can translate political momentum into disciplined economic reform and secure the pledged external support, Argentina could enter a period of sustained capital inflows and improved macro stability. Conversely, failure to deliver would expose investors to sharp downside, making careful risk management essential.

#argentina #Milei #TRUMP #GlobalMarkets

Notice: The information and views presented above are for educational purposes only and should not be taken as financial or investment advice. Market and political developments involve risks and may lead to losses.