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Argentina Was at the Cusp of a Crypto Boom. The Reserve bank Had Other Strategies


May 13, 2022

According to sources, the BCRA’s choice created confusion amongst the many exchanges running in Argentina, which have actually tape-recorded high development rates in the last 3 years, mainly due to the fact that Argentines are not avoided from getting dollar-pegged stablecoins on their platforms. Subsequently, in 2021, for instance, using stablecoins increased sixfold, with DAI blazing a trail.

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