Argentines Turn to Stablecoins for 4% Daily Arbitrage Profits Amid Currency Controls
Favorite
Share
Scan with WeChat
Share with Friends or Moments
Argentines are increasingly turning to cryptocurrencies, particularly stablecoins, to safeguard their savings and profit amid renewed currency restrictions. According to Bloomberg, as President Javier Milei tightens foreign exchange controls ahead of Argentina’s midterm elections, traders are exploiting price differences between the official and parallel peso markets.
Visit Website
Disclaimer: This article is copyrighted by the original author and does not represent MyToken’s views and positions. If you have any questions regarding content or copyright, please contact us.(www.mytokencap.com)contact
About MyToken:https://www.mytokencap.com/aboutusArticle Link:https://www.mytokencap.com/news/536981.html
Previous:10.24大饼以太趋势分析及操作思路！
Related Reading
Screx: The Command Center for a Fragmented DeFi World
Decentralized finance, or DeFi, as it is colloquially called, was designed to be an open, transparen...
Here is Cardano Price If Its Market Cap Reaches Half of Bitcoin Valuation
The prospect of Cardano reaching half of Bitcoin’s market cap could solidify its standing among the ...
Grayscale Solana ETF Goes Live on NYSE with Staking Rewards
Grayscale Investments has launched a new exchange-traded fund that tracks the price of Solana and pr...