# LatAm

Argentina’s New Crypto Dollar Rule Pushed Daily USDT Volume to $180 Million on Local Exchanges
A single FX rule pushed crypto into daily life in Argentina, and the numbers are huge. After a new central bank rule eased access to crypto dollars for firms, daily USDT volume on local exchanges hit $180 million, up 240% week over week. Peso to USDT spread tightened from 4.2% to 0.8%, so buying dollars via crypto now costs less than via bank wire.
How the rule works is why it mattered. Firms can now buy up to $2 million per day in crypto dollars if they hold funds in a local licensed exchange for