The price of stablecoins like USDT, DAI, and USDC reflects the demand for a more stable and trusted currency compared to the Argentine peso. USDT, launched in 2014, has become a vehicle for preserving purchasing power and offers stability, being accessible for users looking to avoid high risks.
According to the exchange Buenbit, USDT (Tether) is the most traded currency by Argentines, greatly surpassing the trading levels of Bitcoin and Ethereum. Buenbit highlights that this investment option is ideal for protecting savings tied to the US dollar and obtaining daily returns.
In a context of high inflation and strong instability of the blue dollar, Argentines are searching for the best option to safeguard their purchasing power. Stablecoins, locally known as 'crypto dollar', have emerged as a digital and profitable alternative, preferred by many users for receiving payments from abroad. They can be purchased at any time of the day through platforms like Binance, from mobile devices and without restrictions.
The prices of stablecoins vary daily, but they usually remain within parameters similar to the blue dollar and the MEP dollar. These digital assets present the concept of a 1:1 parity with the quotation of the US dollar, making them a savings tool and protection against inflation for Argentine investors.
