In countries with currency devaluation

Stablecoins are a perfect solution for ordinary people

👉 Case:
1️⃣ Argentina: The annual inflation rate has long hovered around 100%, the peso continues to depreciate, foreign exchange and dollar purchases are strictly regulated, and the way ordinary people fight inflation is by holding stablecoins, so 19.8% of Argentina's population owns digital assets.

2️⃣ Turkey: The inflation rate has long been between 50%–70%, the lira has been declining for years, making Turkey one of the non-dollar countries with the largest USDT/USDC trading volume globally.

3️⃣ Venezuela: Long-term hyperinflation, the fiat currency has collapsed directly, so stablecoins have become Venezuela's digital dollar substitute.

The above countries share at least three commonalities: long-term currency depreciation or credit collapse + strong demand for dollarization among the public + traditional financial systems cannot provide stable dollar assets.

Therefore, when the local currency depreciates, the dollar is regulated, and banks are untrustworthy, it is the time for stablecoins to emerge.