When your government creates a "Dollar Coldplay" exchange rate just for concert tickets, something has gone seriously wrong...
Argentina has different dollar rates for everything:
> Dollar blue for the black market.
> Dollar Qatar for the World Cup.
> Even dollar "small face" for older bills that somehow count as less valuable.
People can lose 40% of their money just trying to exchange currency at the "official" rate. And that's not a small fee - that's losing nearly half your paycheck because you used the wrong exchange window.
What happens instead? People turn to stablecoins.
In our latest article, we cover how they are helping real people facing economic instability.
