The latest Dune report titled 'LATAM Crypto 2025' reveals a significant increase in the integration of cryptocurrencies into the financial system of Latin America.
Growth of Exchange Platforms
The LATAM Crypto 2025 report notes an explosive growth in exchange platforms within the region. From 2021 to 2024, transaction volumes expanded ninefold, reaching $27 billion. Key players in this space include Ethereum for large-value transfers, with Tron, Solana, and Polygon supporting individual transactions.
Domination of Stablecoins in the Market
By July 2025, a substantial portion of transaction volumes across regional exchanges consisted of stablecoins like USDT and USDC. The demand for stablecoins pegged to the Brazilian real rose 660%, while those tied to the Mexican peso increased astonishingly by 1,100 times.
Future Perspectives of Cryptocurrencies in the Region
Latin America's engagement with cryptocurrency sets the stage for its future in mainstream finance, driven by innovative uses and robust adoption of technology. Platforms such as PayDece and ZKP2P have facilitated approximately $60 million in volume, integrating crypto with local economies.
Latin America is actively engaging with cryptocurrencies, increasing their use in daily life, which may significantly alter the future of digital currencies in the financial sector.