Argentina's plan to end currency controls has caused significant fluctuations in the local stablecoin market.

Odaily News Starting next Monday (April 14), Argentina will officially abolish the strict currency control measures "cepo cambiario" that have been in place for six years, marking a significant shift in the country's economic policy. As a result, the stablecoin market has experienced substantial fluctuations, with trading volume on the local exchange Lemon surging nearly 100%, as users are more inclined to purchase stablecoins. Currently, the high volatility and unusual trading activity in the Argentine market may lead more people to choose stablecoins. (News.bitcoin)