Growing demand for bitcoin and stablecoins in Argentina due to economic uncertainty

The unexpected resignation of Argentina's Minister of Economy, Martin Guzman, has plunged the country into a climate of greater economic instability, while other changes in the cabinet of President Alberto Fernandez are on the horizon. In the face of this, Argentines are flocking to cryptocurrency platforms to buy more bitcoin (BTC) and stablecoins.

In the midst of this, the Central Bank is forecasting inflation of 72.7% by 2022, revealing that it is already a chronic problem that recent governments have failed to reduce.

The demand for cryptocurrencies has been resorted to and even many local stores already accept cryptoeconomy as a payment method, and it will be implemented for online purchases such as the popular Exeno, if everything goes on like this.

Therefore, Argentines will continue to turn to other alternatives to protect themselves from the devaluation of the peso and the inflation that eats away at their income.