The proportion of stablecoin purchases in Latin America has reportedly surpassed Bitcoin for the first time. According to Cointelegraph, local exchange Bitso stated in a report, "Last year, dollar-pegged stablecoins (USDT·USDC) accounted for 40% of total cryptocurrency purchases, while Bitcoin accounted for only 18%. This trend is analyzed to be influenced by the widespread choice of stablecoins by users for asset preservation and payment methods amidst hyperinflation and currency depreciation."
