Latin American Crypto Exchanges Show Eightfold Increase in Turnover
Date: 2025-08-21 Author: Oliver Abernathy Categories: IN WORLD
Over the past year, the volume of cryptocurrency transactions in the region has increased by 800%, according to a study by Dune Research. Economic instability has become one of the main factors: in Argentina, where the national currency regularly depreciates, the population is actively switching to Bitcoin and Ethereum to protect capital. At the same time, stablecoins, in particular USDT, are used for everyday payments, as they allow you to avoid the risks associated with volatility.
Analysts emphasize that the market growth was also facilitated by the younger generation of investors. The Latin American audience under 35 has become the most active in the field of digital finance. The ease of access to tokens through local platforms has made cryptocurrencies a convenient tool for both savings and investments.
According to Dune Research forecasts, the Latin American crypto market will be worth around $162 billion in 2025. Experts expect this figure to reach $442 billion by 2033, with an average annual growth rate of 11%.
The report pays special attention to the Bitso exchange, which has become an industry leader in recent years. If in 2021, the platform processed $2 billion worth of transactions, then by 2024, the volume of transactions had already reached $25.2 billion. Such a jump — by more than 1160% — provided Bitso with a dominant share exceeding 93% of the entire market.
Bitso's competitors, including Mercado Bitcoin and Lemon Cash, have also shown a significant increase in activity, but are still significantly behind in overall performance. Experts believe that it is the competition between these platforms that will determine the further dynamics of the crypto market development in the region.
According to Bitso itself, USDC and USDT stablecoins are the most popular among users. They account for about 39% of all digital asset purchases in Latin America. This is explained by the fact that local investors perceive stablecoins as a reliable and convenient tool for daily payments and protection from inflation.
Thus, Latin America is turning into one of the fastest growing regions in the global crypto industry. Experts expect that interest in digital assets here will only increase, especially given the growing influence of young people and ongoing instability in the economy.
Trading volumes recorded in recent years show that cryptocurrencies are gradually turning from a niche instrument into a full-fledged element of the region's financial system.
