Neither Mexico nor Brazil: Is Argentina the regional leader in cryptocurrencies?

Reality based on data

•According to a report by Chainalysis, Argentina leads in the value of received cryptocurrencies, with approximately 91 billion dollars, slightly surpassing Brazil, which records around 90.3 billion.

•This information coincides with a note from El Cronista, which indicates that Argentina is ahead of Brazil in crypto transaction volume, thanks especially to the massive use of stablecoins, which represent 61.8% of the total, versus 59.8% in Brazil.

•In terms of broader crypto adoption (number of users and usage in daily life), Brazil stands out for its levels of regulation, infrastructure, and institutional profile. Brazil is the country with the largest crypto economy in Latin America and has approximately 12% of the population using cryptocurrencies, in addition to promoting technologies like PIX and the CBDC Drex.