The price of Bitcoin reached a new historical record by surpassing $90,000, while the majority of cryptocurrencies remain below $1,180. Among investment options, Argentinians are increasingly opting for crypto dollars as a way to preserve their purchasing power.
USDT (Tether) is the most used digital currency in the financial ecosystem, alongside DAI and USDC, with USDT being the preferred choice for local savers. This cryptocurrency becomes an attractive alternative for those looking to protect their savings, minimize risks, and earn daily returns.
The blue dollar, on its part, remains stable, trading at $1,135 for sale, just above the informal exchange rate. The current exchange rate gap of the blue dollar is 11.43%, positioned $110 above the closing of 2023 since the beginning of 2024.
Although it may sound surprising, the crypto dollar surpasses traditional assets like Bitcoin and Ethereum in trading volume. Currently, the value of this asset is at $1,151 according to the Binance platform.
The crypto dollar encompasses a series of stablecoins that aim to minimize volatility by being backed by a more solid asset, in this case, the US dollar. Although there are several currencies of this nature, the most popular ones are those that maintain parity with the dollar.
