In recent weeks, a legislative project in the United States once again put the issue on the agenda. This is the megaproject “One Big Beautiful Bill “promoted by the administration of Donald Trump, which proposes to apply a 3.5% tax to remittances sent by non -naturalized migrants. Although it was not yet approved, this initiative already generates concern in countries such as Mexico, Guatemala and El Salvador, where remittances are a pillar of the economy. If progress in Congress, the measure could significantly make money sending from the US, affecting millions of Latin American families.
At the same time, from the Bitcoin 2025 Conference in Las Vegas, Vice President JD Vance reaffirmed the Trump administration’s commitment to a more favorable regulatory environment for cryptocurrencies. Vance announced that regulators will be replaced with anti-record positions by others that support innovation in the sector, and advanced clearer regulations for Stablecoins. “This position suggests a more solid and predictable regulatory framework for the second half of 2025”he analyzed Fabiano Dias, Bitwage International Business Director -Platform pioneer and leader in cryptocurrency fees payments.
In that framework, Stablecoins such as USDT (Tether) or USDCcryptocurrencies that maintain parity 1 to 1 with the dollar, appear as a cheaper, rapid and transparent solution. According to Chainysisin 2024 More than 40% of all crypto operations in Latin Americasurpassing Bitcoin in volume of transactions.
Argentina at the head: exporters, freelancers and the digital dollar
In a country with exchange rate, inflation and constant regulations, stablcoins are much more than a fashion.
“Freelancers and professionals who export services are already charging in Stablecoins because they prioritize privacy, speed, liquidity and freedom without borders or restrictions. And it is they who then introduce their relatives in the use of crypto to send them money in a simple and without frictions,” Explains the International Business Director of Bitwage.
And add, “In addition, the stablecoins allow to operate in an Open Banking model: users can opt for the self -ustodia of their funds, thanks to the private key system inaugurated by Bitcoin. That is, beyond a quick remembrance, they offer real financial sovereignty, without depending 100% on an app or institution.”
Along the same line, Denise CinelliCooptomkt’s -co -one of the exchange leaders of the region -highlights that “Stablecoins offer an accessible, safe and decentralized form of preserving value and facilitating international transactions, especially in restriction contexts.”
According to Chainysis, Argentina leads the use of Stablecoins in the region, representing 61.8% of the transaction in Crypto of Latin America with this type of assets.
Why the stablecoins arrived to stay
Interest in Stablecoins is not just financial. It is also a social need. Migrants who want to help their families, young people who work for foreign companies, families who receive help from their relatives from Europe: they all need to send and receive money reliably, fast and without the State or banks carrying a slice.
“The traditional remittance system continues to charge commissions between 4% and 7% according to the country and the channel used, for the amount of intermediaries between the shipper and the receiver. In addition to it takes several days to be accredited. Instead, cryptocurrencies allow transfers in minutes and with minimal costs”he explains Cinelli.
In addition, the user experience is increasingly simple: digital wallets, stablcoins apps and crypto shipping platforms allow to operate from a cell phone without technical knowledge. What was previously expert land, today is accessible to anyone
“While governments adjust controls and tax financial movements, users are advanced and adopt technological solutions. In Argentina, Bolivia and many other Latin American countries, the stablecoins became the new standard for sending money.”he says Days.
Daniel Cartolin, Head of Business Development of Spherepay -Fintech that allows fast and safe cross-border payments using stablecoins- add a regional look: “The stablecoins are giving Latin America an advantage in the global market. For many years, moving money inside and outside several countries in the region was a complex and expensive process. Today, thanks to solutions such as Sphere, an agricultural producer in Argentina can send six -digit payments to China with liquidation in T0 or T1, with only a few clicks. As the infrastructure improves and more liquid markets for local currencies for local currencies in local currenc Latin America, we will see a significant impulse in the growth of various industries in the region. ”
by ma
