Crypto received in Latin America hit ~$593.8B between July 2025 and June 2026. But it’s not one story. The same stablecoins are doing three different jobs across the region:
Argentina, Venezuela, Bolivia: getting out of local currency and into dollars
Mexico: moving money across one of the world’s largest remittance corridors
Brazil: business treasury and cross-border payments, while Pix handles domestic
A few numbers that stood out:
→ 92% of crypto volume declared to Brazil’s tax authority in H1 2026 involved stablecoins
→ USDT traded ~15% above the official dollar rate on Venezuela’s P2P markets
→ Brazil issued R$4.84B in tokenized assets in H1 2026, up 122% YoY
Full country-by-country breakdown of stablecoins, exchanges, regulation, and RWAs in LATAM:
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