Morning Edition · Thursday, July 9, 2026
Nexo Brings Its Crypto Card to Argentina as Digital Assets Spread Through High-Inflation Economies
The lender is making Buenos Aires its Latin American hub, adding debit and credit modes in a country where households have long sought alternatives to the peso.
Nexo launched its crypto-linked card in Argentina, adding both debit and credit modes and naming Buenos Aires as its hub for Latin America, according to crypto.news. The card lets users spend against crypto holdings, a proposition with part…
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Part of a tracked trend
Crypto Dollarization in High-Inflation Economies
In economies with weak currencies and capital controls, households keep adopting crypto and dollar-linked stablecoins as monetary escapes, recurring wherever confidence in the local currency erodes.
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