Stablecoins have emerged as a critical financial tool in Latin America, offering individuals and businesses a reliable alternative to traditional banking by enabling instant, low-cost, and borderless transactions, particularly in the context of inflation, currency volatility, and systemic barriers to financial access.

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In this situation, stablecoins offer a vital alternative, allowing individuals and businesses to send and receive money instantly, securely, and affordably, without relying on conventional banking systems or navigating complex registration processes

Latin America has witnessed a significant increase in cryptocurrency adoption, with stablecoins playing a key role as a financial safe haven against inflation and volatile local currencies. Between July 2023 and June 2024, crypto transaction volume in the region reached nearly $415 billion, with USDT being one of the most widely used digital assets. Countries like Argentina and Brazil have particularly seen this trend intensify, as individuals and businesses seek safer and more cost-effective ways to send money internationally and protect their savings

But access is still a major issue. Latin America has one of the highest numbers of adults without access to traditional banking. Many people can’t open accounts or send money due to paperwork requirements, distance, or high fees. That’s where stablecoins and platforms like Orionx come in.