Argentina is one of the fastest growing cryptocurrency markets. But in fact in one study, Argentina ranked 13th in the 2022 Global Cryptocurrency Adoption Index. Chainalysis researchers noticed that Argentina’s stablecoin usage is very high, which is smart Argentinians hiding from local currency inflation.

Reports from Morning Consult also indicate that Argentines trust crypto assets more than residents of other countries.

In a 2022 survey, about 60% of Argentinian respondents said they were "very" or "somewhat" confident that Bitcoin and other cryptocurrencies will perform well in 1-2 years, and most Argentines still believe that the U.S. dollar And gold is a safer long-term investment than BTC.