"From Scanning to Buy Coffee to Exchanging U on the Streets: Argentina 🇦🇷 Has Formed a Complete Stablecoin Industry Chain"

1. Why has Argentina become the capital of stablecoins?

Because they have no choice.
When the local currency depreciates by 30% in one day and the monthly inflation exceeds 200%, ordinary people cannot keep their money in the currency at all.

Thus, Argentina has become the most unique crypto ecosystem in the world:
•61.8% of Argentinians use stablecoins daily
• Over 6000 street "U exchange shops" (USDT/local currency offline exchange points)
• Even convenience stores and cafes support stablecoin QR code payments.

This is not a crypto narrative —
This is a way of survival forced by inflation.

2. When the local currency is not worth holding, stablecoins become the "people's central bank".

It is not an exaggeration that Argentinians treat stablecoin wallets as their "main bank accounts."

Because:
•Store the local currency = Money is evaporating
•Holding stablecoins = at least won't lose 30% in a day

A total of 5 million people use USD stablecoin daily to purchase daily necessities.
What lies behind is a complete local payment chain:

Payment Gateway → Automatic Exchange → Merchant Settlement
Less than 3 seconds.

These are not "black technology",
but rather a financial system built by the people for their own survival.

3. From Payment to the Gray Economy: Stablecoins Are Forced to Create a Complete Industrial Chain

The "Doughnut Shop" (Crypto Payment Shop) on the streets of Argentina has impressive sales:
•Daily transaction volume per store is 20,000 USD
•Profit margin approximately 8%—10%
•The annual net profit even exceeds that of local bank branches.

Why is it so profitable?
Because they are doing three things:
1. Help the common people bypass the monthly limit of $200 for foreign exchange.
2. Avoid 60% of foreign exchange heavy taxes
3. The only way for ordinary people to "escape the devaluation of their currency".

The stricter the policy, the more the demand surges, and the underground crypto economy grows wildly.

4. Argentina is still a "developer powerhouse" in Web3.

What outsiders do not know is:
• Among 150,000 developers nationwide
•20,000 to 30,000 focusing on Web3
•is one of the most active crypto technology communities in the world
•Vitalik (V God) acknowledged that Argentina is "one of the countries with the deepest crypto culture."

The surface-level coffee QR code payment is just a phenomenon.

Behind it is the stablecoin industry chain passively formed by the entire country + Web3 soil.

5. Different countries, different survival rules.

On our side, stablecoins are more closely associated with "sources of risk" and "financial stability."
In Argentina, stablecoins are a "sanctuary" that prevents families from going bankrupt within a month.

There is no right or wrong in the world —
Only different economic situations lead to different survival logics.

Some people consider stablecoins as asset allocation,
Some people treat stablecoins as a lifeline.

And Argentina is the most vivid example.