Latin America's cryptocurrency market experienced a growth rate three times faster than the United States in 2025, according to a new report. Users are increasingly adopting crypto for payments and cross-border transfers, moving beyond speculation.
The region saw over $730 billion in cryptocurrency transaction volume in 2025, a 60% year-over-year increase, accounting for approximately 10% of global crypto activity. Monthly active crypto app users in Latin America grew by about 18% annually.
Brazil led the region in transaction size, recording $318.8 billion with nearly 250% growth, fueled by institutional trading and clearer regulations. Argentina's adoption surged, with average monthly users quadrupling since the 2021 bull market, significantly driven by cross-border payments facilitated by fintech integrations with Brazil's PIX system. Stablecoins like USDT are crucial for these transactions.
Peru also emerged as a rapidly growing market, with crypto app users doubling due to interoperability between banks and digital wallets. Stablecoins are central to these practical use cases, enabling users to send money abroad and bypass traditional banking.