Stablecoins will remain ‘indispensable’ in Argentina under new president — Ripio CEO
Related: Milei pledged to close Argentinas central bank– But will he do it?Stablecoins currently play an essential role in Argentinians financial lives, and that may be even more so in the future, whether or not Milei follows through with his strategy to fully dollarize the economy.” Serrano recommended that the Central Bank of Argentina needed to be put in order or replaced by a similar body, rather than being removed, as Milei has actually promised. That is another basic factor for the use of stablecoin in Argentina and other Latin American countries.Proof of Voto pic.twitter.com/1vtbObXfUO— Sebastián Serrano (@sserrano44) November 19, 2023
Related: Milei swore to close Argentinas main bank– But will he do it?Stablecoins already play a crucial function in Argentinians financial lives, and that may be even more so in the future, whether or not Milei follows through with his plan to completely dollarize the economy.” Serrano recommended that the Central Bank of Argentina required to be put in order or changed by a comparable body, rather than being eliminated, as Milei has actually guaranteed. That is another essential factor for the use of stablecoin in Argentina and other Latin American countries.Proof of Voto pic.twitter.com/1vtbObXfUO— Sebastián Serrano (@sserrano44) November 19, 2023
Annualized inflation in Argentina struck 143% in October. The nation ranks 15th in the Chainalysis Global Adoption Index.Magazine: Best and worst countries for crypto taxes– plus crypto tax ideas