Latin America, a region that has the second-highest proportion of unbanked adults. The region also received nearly $415 billion worth of crypto in a one calendar year until June 2024, according to Chainalysis
Quote
Sources
Tether Invests in Chilean Crypto Exchange Orionx to Drive Latin American Adoption
Referenced by
Latin America remains one of the most financially excluded regions globally, with the second-highest proportion of unbanked adults, driven by structural barriers such as documentation requirements, physical inaccessibility, and high transaction costs—despite the region’s growing engagement with digital assets.
Crypto news
Claim
