Latin American crypto service provider Bitso has released a report titled “Latin America Crypto Landscape 2025,” saying that in 2025, nearly 40% of crypto-asset purchases in the Latin American region involve dollar-denominated stablecoins such as USDT and USDC. The report covers data from nearly 10 million customers across multiple markets including Argentina and Mexico. Within it, USDC accounts for 23% of purchases—exceeding BTC’s 18% and USDT’s 16%. In the Argentine market, USDC and USDT combined account for more than 70% of purchases. Bitso says that U.S. users are increasingly using stablecoins for saving, payments, and cross-border value transfers, but BTC remains the core holding of users in the region, making up 52% of their portfolios.