Argentina Runs to Stablecoins Amidst Political and Economic Uncertainty – Economics Bitcoin News

Argentina Runs to Stablecoins Amidst Political and Economic Uncertainty – Economics Bitcoin News

Citizens of Argentina are hedging their savings by using stablecoins amidst the recent climate of uncertainty created by the resignation of certain key members of the government. The minister of economy in the country resigned last weekend, alongside other personalities, creating the turmoil that prompted the price of stablecoins in the country to rise by 11% on some exchanges.

Dollar-to-Peso Exchange Rate Plummets Due to Political Uncertainty in Argentina

The rate that citizens in…


Source link

About bitcoin

Check Also

Giant Bitcoin 'Taproot Wizard' NFT Minted in Collaboration With Luxor Mining Pool – CoinDesk

Please note that our privacy policy, terms of use, cookies, and do not sell my …

Leave a Reply

Your email address will not be published. Required fields are marked *