Latin America’s crypto user growth outpaced U.S. by 3x in 2025, report shows
Brazil and Argentina are leading the growth, with Brazil dominating by transaction size and Argentina seeing increasing adoption driven by cross-border payments and stablecoin use.
By Francisco Rodrigues|Edited by Nikhilesh De Mar 7, 2026, 6:00 p.m.
Make us preferred on Google
What to know:
- Latin America's crypto market is growing rapidly, with a 60% increase in transaction volume to $730 billion in 2025, driven by users relying on cryptocurrencies for payments and cross-border transfers.
- Brazil and Argentina are leading the growth, with Brazil dominating by transaction size and Argentina seeing increasing adoption driven by cross-border payments and stablecoin use.
- Stablecoins are playing a key role in the region's crypto growth, enabling practical use cases like sending money abroad, receiving funds from platforms like PayPal, and bypassing traditional banking networks.
Latin America’s crypto market is expanding far faster than that of the United States as users increasingly rely on cryptocurrencies for payments and cross-border transfers rather than speculation. a new report claims.
The region, according to a report from Argentinian crypto firm Lemon, received more than $730 billion in cryptocurrency transaction volume in 2025, a 60% increase from the previous year, representing roughly 10% of global crypto activity.
Growth was not only measured in transaction volume. Monthly active crypto app users in Latin America rose about 18% year over year, roughly three times faster than growth in the United States, the report said.
Brazil dominates the region by transaction size.

The country received $318.8 billion in crypto value with growth approaching 250% year over year, driven largely by institutional trading and expanding regulatory clarity for financial institutions.
Argentina shows a different pattern. Despite inflation falling to about 32% in 2025, crypto adoption continued to rise. Average monthly users were four times higher than during the 2021 bull market, according to the report.
One driver is cross-border payments. Argentine fintech companies linked crypto rails to Brazil’s PIX instant payment system, allowing users to pay Brazilian merchants using pesos while stablecoins such as USDT settle the transaction behind the scenes.
The integration led to 5.4 million crypto app downloads in Argentina during 2025, with January downloads hitting a record level.
Peru, which back in January saw Bybit Pay integrate with digital wallets Yape and Plin, emerged as one of the fastest-growing markets. Crypto app users doubled as interoperability rules allowed banks and digital wallets to connect. Transfers between banks and wallets surpassed 540 million transactions, up 120% year over year.
Stablecoins are playing a central role in the shift toward practical use cases. Across the region, users rely on digital dollars to send money abroad, receive funds from platforms like PayPal and bypass traditional banking networks, the report points out.
ArgentinaBrazillatin americaPeruMore For You
Pudgy Penguins: Challenging the Pokemon and Disney Legacy in the Global IP Race
By CoinDesk ResearchFeb 27, 2026
Commissioned byPudgy Penguins
CoinDesk Research looks into how Pudgy Penguins disrupts traditional toys market via a phygital model. With 2M+ units sold, they scale via global partnerships and events.
What to know:
- Disrupting a Stagnant Market: Pudgy Penguins is utilizing a "Negative CAC" model to challenge the traditional $31.7B licensed toy industry by treating physical merchandise as a profitable user acquisition tool rather than just a final product.
More For You
Top Wall Street minds see AI rotation ahead as bitcoin seeks role in new cycle
By Helene Braun, AI Boost|Edited by Stephen Alpher1 hour ago
BlackRock’s Rick Rieder, UBS’s Ulrike Hoffmann-Burchardi and Third Point’s Daniel Loeb see steady economic growth but a tougher market environment.
What to know:
- Bitcoin this cycle hasn't necessarily worked as a hedge against dollar weakness, but in a maturing, more fragmented market, it may need to prove its value as a simpler, more liquid alternative to complex AI and software-driven bets.
- Some big-name Wall Street investors expect U.S. growth to stay resilient into 2026 even as the easy phase of the AI-driven market rally gives way to a more uneven, stock-picking environment.
- As capital rotates away from crowded mega-cap technology trades toward sectors like industrials, electrification and healthcare, bitcoin may rely less on macro fear and more on its role as a portfolio diversifier and institutional asset.

Bitcoin purist Jack Dorsey says that his firm is reluctantly giving in to stablecoin craze
37 minutes ago
Top Wall Street minds see AI rotation ahead as bitcoin seeks role in new cycle
1 hour ago
Kalshi, Polymarket seeking $20 billion valuations in fundraising talks: WSJ
1 hour ago
Circle moves $68 million in just 30 minutes by using its own stablecoin for internal payments
2 hours agoThose who cheered U.S. Bitcoin reserve have spent year watching Trump's order languish
3 hours ago
Bitcoin slips below $68,000 as dollar posts steepest weekly gain in a year
11 hours agoTop Stories
Bitcoin could crash by another 30% as four-year cycle gains strength, investment firm says
12 hours ago
Why bitcoin couldn't hold $70,000 despite its best week of Wall Street news in months
21 hours ago
BlackRock private credit fund is latest to crack, hitting crypto prices and DeFi markets
Mar 6, 2026
Binance tells Senate probe no accounts sent crypto directly to Iran
Mar 6, 2026
SEC, Justin Sun reach settlement over Tron lawsuit
Mar 5, 2026