Digital dollarization is gaining momentum. Stablecoins pegged to the US dollar — primarily USDt from Tether and USDC from Circle — have become the most purchased crypto assets in the region. This is the first time their share has exceeded that of Bitcoin. The shift is driven by real economic logic: in conditions of chronic inflation, devaluation of national currencies, and limited access to banking services, stablecoins offer a relatively accessible way to store savings and conduct transactions in dollar equivalent.

The US dollar itself, although not immune to inflation, loses purchasing power more slowly than most local currencies and remains the main global means of settlement — making it an attractive benchmark for those seeking stability.
The global stablecoin market has grown to approximately $320 billion, covering both developed and developing economies. In Latin America, their use is primarily practical: preserving savings, everyday payments, and international money transfers.