Argentines turn to crypto as peso weakens ahead of legislative election

Crypto NewsFriday, October 24, 2025 at 8:22:32 AM
Argentines turn to crypto as peso weakens ahead of legislative election
As the Argentine peso continues to weaken, many citizens are increasingly turning to cryptocurrencies, especially stablecoins, as a safeguard against inflation. This trend highlights the growing lack of confidence in the government's ability to stabilize the economy ahead of the upcoming legislative elections. The shift towards digital currencies reflects a broader concern among Argentines about their financial future, making it a significant development in the country's economic landscape.
— Curated by the World Pulse Now AI Editorial System

Was this article worth reading? Share it

Recommended Readings
USD.AI Bridges DeFi and AI by Turning Stablecoins Into Loans for Nvidia GPUs
PositiveCryptocurrency
USD.AI is making waves by integrating decentralized finance (DeFi) with artificial intelligence (AI), allowing users to convert stablecoins into loans specifically for purchasing Nvidia GPUs. This innovative approach not only enhances access to cutting-edge technology but also opens up new avenues for investment in AI-driven projects. As the demand for GPUs continues to rise, this initiative could significantly impact both the DeFi and tech landscapes, making it easier for individuals and businesses to leverage AI capabilities.
Argentine Libra Congressional Probe Advances With Milei in Its Sights: ‘Bribe’ Transactions Identified
NegativeCryptocurrency
The Argentine congressional investigation into the Libra project is intensifying, with a focus on potential bribery involving key political figures, including Javier Milei. This probe is significant as it highlights concerns about corruption in government dealings, which could undermine public trust and impact future legislative actions. As the investigation unfolds, it raises questions about accountability and transparency in Argentina's political landscape.
Zepz launches new digital wallet on Solana
PositiveCryptocurrency
Zepz has just launched a new digital wallet on the Solana blockchain, expanding its services in the remittance space. The Sendwave Wallet will facilitate cross-border payments using stablecoins, making it easier for users in over 100 countries to send and receive money. This innovation is significant as it enhances financial accessibility and efficiency for users globally, reflecting the growing trend of integrating cryptocurrency into everyday financial transactions.
Solana chops sideways; Market eyes new payments player Digitap
NeutralCryptocurrency
As Solana experiences a period of sideways movement, the focus of the market is shifting towards new opportunities in stablecoins and payments, with Digitap emerging as a key player in this evolving landscape. This shift is significant as it highlights the growing importance of payment solutions in the cryptocurrency space, potentially influencing future market trends.
Ex–World Bank president urges U.S. to lead on stablecoins
PositiveCryptocurrency
David Malpass, the former president of the World Bank, recently emphasized the importance of stablecoins at the Payments Unleashed Summit. He believes that stablecoins are not just a financial innovation but a potential game-changer in the global economy. Malpass urges the U.S. to take the lead in this area, highlighting that stablecoins could significantly influence economic and geopolitical dynamics. This call to action is crucial as countries race to establish their own digital currencies, and U.S. leadership could shape the future of global finance.
Gold Token Market Swells to $3.9B as CZ Calls It a 'Trust Me Bro' Asset
NegativeCryptocurrency
The gold token market has surged to a staggering $3.9 billion, but concerns are mounting about their reliability and safety. CZ's description of these tokens as a 'Trust Me Bro' asset raises red flags, similar to those seen with stablecoins. This situation is crucial as it highlights the potential risks investors face regarding delivery and the ability to redeem these tokens for physical gold, which could impact market confidence.
a16z Calls Stablecoins a Global Macroeconomic Force, Helping Best Wallet Token Presale
PositiveCryptocurrency
Venture capital firm a16z has released a report highlighting the significant role of stablecoins in the global macroeconomic landscape, reinforcing confidence in the crypto market's future. With increasing transaction volumes and market capitalization, the report suggests that the growth of the crypto sector is likely to continue, provided that the necessary infrastructure keeps pace with rising adoption. This is particularly encouraging news for the emerging Best Wallet token presale, indicating a positive outlook for investors and the broader cryptocurrency ecosystem.
Coinbase rolls out new feature for autonomous AI crypto transactions
PositiveCryptocurrency
Coinbase has launched an innovative protocol enabling artificial intelligence agents to conduct transactions directly on-chain using crypto wallets and stablecoins. This development is significant as it bridges the gap between AI technology and decentralized finance, potentially transforming how digital transactions are executed and paving the way for more automated financial solutions.
Latest from Cryptocurrency
Tether releases giant AI dataset QVAC Genesis I for AI training in STEM
PositiveCryptocurrency
Tether has launched a significant AI dataset called QVAC Genesis I, which aims to democratize AI development in STEM fields. This initiative is important because it promotes decentralized and user-controlled intelligence, potentially leveling the playing field for developers and researchers in science, technology, engineering, and mathematics.
Can the biggest Bitcoin whales really decide when the market turns green or red?
NeutralCryptocurrency
The influence of Bitcoin whales on market prices remains significant, yet recent trends indicate that factors like ETF flows, exchange liquidity, and macroeconomic shifts are now playing a crucial role in determining Bitcoin's daily price movements. This shift in dynamics is important as it highlights the evolving nature of the cryptocurrency market and suggests that while whales can still impact prices, they are no longer the sole drivers of market trends.
5 crypto widgets that simplify customer onboarding
PositiveCryptocurrency
Crypto widgets are revolutionizing customer onboarding by seamlessly integrating essential tools like KYC and fiat conversion into websites and apps. This innovation not only streamlines the user experience but also enhances security and compliance for businesses, making it easier for them to attract and retain customers in the competitive crypto landscape.
USBC, Uphold, and Vast Bank launch world’s first retail tokenized U.S. dollar deposits with global access
PositiveCryptocurrency
USBC, Uphold, and Vast Bank have made a groundbreaking move by launching the world's first retail tokenized U.S. dollar deposits, which blend the reliability of traditional banking with the efficiency of blockchain technology. This innovation is significant as it opens up global access to secure digital currency, potentially transforming how individuals manage their finances and interact with the banking system.
FET price eyes recovery as Fetch.ai launches weekly burns amid Ocean Protocol dispute
PositiveCryptocurrency
The price of FET is showing signs of recovery, potentially having bottomed out at $0.23, as Fetch.ai initiates a weekly burn of 50 FET per registered wallet on asi1.ai. This move comes amid ongoing disputes with Ocean Protocol, and it highlights Fetch.ai's commitment to enhancing the value of its token. Such actions can boost investor confidence and stabilize the market, making it an important development for those following cryptocurrency trends.
Thai regulators raid World iris scanning site in latest headache for Sam Altman
NegativeCryptocurrency
Thai regulators have raided the World iris scanning site due to unlicensed operations involving the WLD token, which poses significant legal challenges for Sam Altman's digital identity project. This incident highlights the increasing scrutiny on innovative technologies and raises questions about regulatory compliance in the rapidly evolving digital landscape.