Bitso Update: USDC Leads Latam Crypto Buys at 23% Over BTC 18%, Stablecoins 40%

Bitso's May 2 updates to its 2025 Latin America report confirm stablecoins reached nearly 40% of crypto purchases, with USDC topping at 23% ahead of Bitcoin's 18% and USDT's 16%. Initially reported April 30 from nearly 10 million users, the data underscores 'digital dollarization' in regions like Argentina, where stablecoins exceed 70% of buys. Bitcoin holds steady as the dominant portfolio asset at 52% (down ~1% YoY), amid a $320 billion global stablecoin market boosting payments and remittances.