Argentinian cryptocurrency boom

More good news from the crypto world. In Argentina, the crypto boom is taking place, with crypto exchanges enjoying record growth this year. 

For ages, the US dollar has been the most wanted foreign currency. But currently, they are talking and thinking about DAI, a stablecoin issued by MakerDAO.  According to information provided by local crypto exchanges SatoshiTango, Decrypto, and Ripio, DAI’s volume has grown at least six-fold this year. 

Argentines, faced with a devaluation of the peso from $0.02 to $0.006 in just 18 months and an annual inflation rate higher than 30%, are looking for ways to safeguard their value.  And, let’s not forget about the new ATH of Bitcoin, which shut to $ 24 225 this week.