A Bitso report points to a clear shift in how people in Latin America use crypto. Users are moving away from Bitcoin for purchases and leaning more on dollar-linked stablecoins, which are designed to track the value of the US dollar.
Cointelegraph frames the change as a response to inflation-hit economies across the region. The report suggests stablecoins are becoming the “everyday” option for payments and other routine financial use, not just a hold-and-watch asset.
The desk notes this is not a claim that stablecoins are risk-free. Assets tied to stablecoin mechanics still carry risks, including issuer and system risk. Still, Cointelegraph says the user behavior shift is strong enough that stablecoins are overtaking Bitcoin in crypto purchases across Latin America.
The practical takeaway is straightforward. When daily spending matters more than price volatility, dollar-linked stablecoins tend to match the job better than assets like Bitcoin, whose value swings can be harder to budget around. Cointelegraph’s coverage ties that decision pressure to inflation conditions in the region.
If you’re tracking adoption, Cointelegraph’s writeup highlights a useful metric: what people actually buy with crypto. In this case, Bitso’s report indicates stablecoins are winning that kind of activity in Latin America.