Argentina, the country with one of the highest crypto adoption rates in the world. The price of the dollar-peg stablecoin rose on the exchanges on Saturday. After the sudden resignation of the country’s Economy Minister Martin Guzman.
Shocking resignation of ministers which is confirmed in the account Twitter In his July 3, seven-page letter, it could undermine the stability of an economy struggling with high inflation and a weakening national currency.
According to information from Criptoya The price of Tether (USDT) compared to the Argentinian peso (ARS) is currently at 271.4 ARS on Binance exchange, which is about 12% premium from the pre-retirement period and a premium of 116.25. % against the current currency exchange rate of USD/ARS
argentinian are turning to digital currency to hedge the country’s rising inflation risks. and the fall of the Argentine peso against the US dollar.
The South American country has the sixth highest acceptance rate in the world, with 21% of Argentines estimated to have used it. or own crypto by 2021, according to Statista.
The post Tether (USDT) price in Argentina jumps to $2.6 after a sudden resignation of the economy minister appeared first on Bitcoin Addict.