Home Cryptocurrency Latin Americans turn to dollar stablecoins amid inflation: Paxos

Latin Americans turn to dollar stablecoins amid inflation: Paxos

by SuperiorInvest

As the region endures the highest inflation in the world, hovering around 12%, the dollar maintains its dominant position as a tool to combat local inflationary challenges. In this way, Latin Americans already see dollar-backed stablecoins as safer than their own currencies, the report said.

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