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Argentina's plan to end currency controls has caused significant fluctuations in the local stablecoin market

2025-04-13 11:41

Odaily News Starting from next Monday (April 14), Argentina will officially abolish the six-year-old strict currency control measure "cepo cambiario", marking a major shift in the country's economic policy. As a result, the stablecoin market has fluctuated significantly, and the trading volume of the local exchange Lemon has soared by nearly 100%. Users are more inclined to buy stablecoins. The current high volatility of the Argentine market and abnormal trading activities may lead more people to choose stablecoins. (News.bitcoin)