The report published by Bitso, 'The Cryptocurrency Landscape in Latin America for the First Half of 2025', shows that XRP has surpassed Ethereum to become the second most held cryptocurrency in Latin America, appearing in 12% of portfolios, second only to Bitcoin, which accounts for 54%. Ethereum has dropped to 11%, while stablecoins and local currencies make up 12%. Stablecoins remain the most purchased asset, accounting for 46% across the region, particularly in Argentina, where they represent 85% of cryptocurrency purchases—primarily USDT—due to the demand for value preservation in the context of economic instability.