Crypto World News reports that a report from Bitso shows that user behavior in Latin America is changing, with dollar-pegged stablecoins gaining increasing attention in everyday financial use. According to Bitso’s 2025 cryptocurrency adoption report, in 2025, 40% of cryptocurrency purchases in Latin America are dollar-pegged stablecoins such as Tether’s USDT and Circle’s USDC, while Bitcoin (BTC) accounts for only 18%. This marks the first time stablecoin purchases have surpassed Bitcoin. The report is based on data from nearly 10 million retail users on the Bitso platform, reflecting a broader trend toward “digital dollarization” in Latin America. In countries facing ongoing inflation, currency devaluation, and limited access to traditional banking, stablecoins provide a relatively viable way to store value and conduct transactions equivalent to US dollars.

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