After years of strict currency controls, Argentina eliminates the exchange rate restrictions. A historic measure that opens up the economy and changes the rules of the game for companies, banks, investors, and crypto users.
But the big question arises:
What will happen to the use of USDT in the country?
During the era of exchange controls, USDT became a key tool for Argentines. Not only as a way to preserve value against inflation and the devaluation of the peso, but also as a fast, global, and intermediary-free way to access the digital financial world.
Now, with freer access to the official dollar, some may think that interest in stablecoins will decrease. However, there are many reasons why USDT (and other stablecoins) will remain relevant:
👉🏻International transfers without limits or bank fees
👉🏻24/7 access to global markets
👉🏻Direct participation in DeFi, trading, and Web3
👉🏻Speed, liquidity, and financial privacy
The end of the exchange controls does not mean the end of demand for decentralized solutions.
On the contrary, it could mark the beginning of a stage where crypto and traditional finance coexist more freely.
The market transforms, and stablecoins evolve with it.
