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Bitcoin.com 2023-08-18 06:00:48

Argentines Flock to Stablecoins Amidst Record Devaluation Numbers

Argentines are flocking to purchase stablecoins to protect their savings as the peso loses value. Local cryptocurrency sources reported an increase of up to 500% in the crypto volumes moved, mostly in stablecoins like USDT, to shield incomes against the raging devaluation registered after the victory of the libertarian candidate Javier Milei in the primary

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