Forbes: Compared to other countries in the Western Hemisphere, Argentina currently has the highest cryptocurrency adoption rate

ChainCatcher news, a Forbes report highlights that Argentinians are increasingly turning to cryptocurrency to hedge against the inflation of the local currency. The country's cryptocurrency adoption rate exceeds that of any country in the Western Hemisphere.

Analysis from SimilarWeb shows that out of 130 million users across the top 55 cryptocurrency exchanges, 2.5 million are from Argentina. Popular exchanges in the country include Binance, eToro, BingX, HTX, and Bitget.