In Argentina, many choose not to use dollars, but rather municipal, legislative, or presidential bonds, linked to the official exchange rate. The American dollar is not just an instrument for calculations, but also a symbol of economic realities, reflecting the importance of the blue dollar. According to an expert from the consulting firm Datos y Gomes, the current situation is due to 'value management, which provides access to official currency markets', which in turn causes a parallel market to emerge and new developments after the elections. This forces people to seek alternative ways to save their savings.
'The lack of stability in the national value of the Argentine peso makes it a refuge in the same way as a single bottle with inflation', says a specialist. The same situation allows 'the value of the official currency to reach the official dollar', which in turn causes a parallel market to emerge and new developments after the elections. This forces people to seek alternative ways to save their savings.
'The digital dollar will become an effective tool and a necessary currency', says Gomes Banegas, highlighting the role of cryptocurrency. In fact, he notes, it is supported by Tether (USDT), which, as is known, is the most popular cryptocurrency in Argentina, and its value was pegged to the official price of a bitcoin.
'This platform allows for the optimization and transparency of the current banking system: users can receive interbank payments, send global services and store the cost of payments without the need for physical currency', says the expert. Thus, cryptocurrency transactions are instruments, subject to economic and regulatory oversight.