Argentina crypto users swap banks for premium-offering wallets

Markets 2026-01-04 12:01

Argentina is leading Latin America in cryptocurrency adoption, with 1 in 5 Argentines using some sort of cryptocurrency.

About 19.8% of Argentina’s population were using digital assets in 2025, with USDT and Bitcoin being the most popular types in circulation.

Why are Argentines into crypto?

Argentina led Latin America in cryptocurrency adoption throughout 2025. The country’s adoption rates place it among the world’s top 20 markets. Argentines use virtual assets as protection against inflation and peso volatility, while others view them as more efficient alternatives to traditional payment systems.

According to the Blockchain Argentina Foundation’s latest report, which incorporates data from major exchanges including Ripio, Decrypto, and Satoshi Tango, crypto adoption grew by 0.8% during 2025, with 19.8% of the population now using some type of cryptocurrency. This means nearly one in five Argentines has embraced digital assets as part of their finances.

“Almost no one today considers having their money stagnant, without ‘working’. That’s why the use of wallets that ‘kill’ for giving a differential is growing and will continue to expand.” Analyst Rodrigo Mansilla noted.

Exchanges offer attractive returns on crypto-denominated deposits that traditional banks cannot match. Mansilla explained that adoption was previously related to devaluation and the need to preserve purchasing power; today, crypto usability has significantly expanded with yields in crypto dollars and other attractive uses.

The Argentine Fintech Chamber has confirmed that new users continue signing up despite the challenging macroeconomic conditions. Decrypto’s annual growth recorded close to 20% and detected sustained interest from a new segment: small and medium enterprises (SMEs).

Which cryptocurrencies are Argentines actually using?

Stablecoins are the most popular in the region and are used as tools for saving and covering inflation, plus their utility for international transfers. Up to 80% of Decrypto transactions are made using this stablecoin.

Satoshi Tango presents Bitcoin as the lead adopted cryptocurrency and USDT as the second, with monthly variations depending on factors like vacations, Christmas bonuses, or elections.

In Decrypto, 70% of customers are men with an average age of 35 years, predominantly residing in large cities. Satoshi Tango reports 80% male and 20% female users, with ages mostly ranging from 35 to 65 years, and a strong presence in Buenos Aires, Rosario, Córdoba, and Mendoza.

Ripio provided granular data showing 65.47% male users and 34.51% female users, with 0.01% non-binary individuals. The strongest segment falls between 25 and 34 years old, followed by the 35 to 44 age group, with half of the users residing in Buenos Aires province and 10% in Buenos Aires city.

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This content is for informational purposes only and does not constitute investment advice.

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