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Stablecoins Overtake Bitcoin in Latin American Purchases

The change signals rising demand for dollar-pegged money as a practical way to handle daily finances.

Overview

  • Bitso reported that in 2025 stablecoins made up 40% of purchases on its platform versus 18% for Bitcoin.
  • The findings reflect activity from nearly 10 million retail users across Latin America.
  • Bitso said people in inflation-hit economies are choosing dollar-pegged tokens to store value, pay bills, and send remittances.
  • Despite fewer new purchases, Bitcoin still appeared in 52% of portfolios in 2025 as a long-term store of value.
  • A stablecoin market near $320 billion now supports products such as Mercado Libre’s Meli dollar remittances in the region.