Argentina plans to end currency controls, causing significant fluctuations in the local stablecoin market
2025-04-13 11:41
Odaily Planet Daily News: Starting from next Monday (April 14th), Argentina will officially abolish the strict currency control measure "cepo cambiario" that has been in place for six years, marking a significant shift in the country's economic policy. As a result, the stablecoin market has experienced significant fluctuations, with trading volume on the local exchange Lemon soaring by nearly 100%. Users are more inclined to purchase stablecoins, and the high volatility and abnormal trading activity in the Argentine market may lead to more people choosing stablecoins. （News.bitcoin）