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The Latin American region is tapping into blockchain-based services for payments and access to financial services, signaling that the crypto industry serves more than just financial speculators chasing the next memecoin pump.

Latin American citizens are increasingly using cryptocurrency to replace the region’s inadequate banking infrastructure, allowing them to facilitate digital payments and create stablecoin-based savings accounts.

“LATAM adoption is quite high. People are using stablecoins for daily life, so it’s a whole different market,” said Patricio Mesri, co-CEO of cryptocurrency exchange Bybit’s Latin American division. “Crypto is actually changing the lives of people. You see adoption in Argentina, Venezuela, Bolivia and Mexico increasing rapidly,” he told Cointelegraph during an interview at the European Blockchain Convention 2025 in Barcelona.

Some of the most interesting use cases include stablecoin payments to circumvent the high remittance fees of the SWIFT banking network, and taking up crypto-based loans for major purchases such as cars or homes, he added.

Fiat money inflation is driving Latin American regions to stablecoins

Countries like Argentina, where annual inflation surpassed 100%, have seen a surge in demand for US dollar-backed stablecoins such as USDC (USDC) and USDt (USDT).

On local crypto exchange Bitso, stablecoin transactions accounted for 39% of total purchases in 2024 as the most sought-after digital assets, Cointelegraph reported in March.

The lack of banking access has also created systemic inefficiencies in the region, including technological barriers and high startup costs, which are slowing the flow of investment into Latin American capital markets. 

However, the region’s liquidity latency issues may be improved by adopting blockchain-based instruments, such as real-world asset (RWA) tokenization, according to an August report from Bitfinex Securities.

Tokenized products could expand investor access and bring more capital to the region, as they can reduce issuance costs for capital raises by up to 4% while reducing listing times by up to 90 days, according to Bitfinex.

“For decades, businesses and individuals, particularly in emerging economies and industries, have struggled to access capital through legacy markets and organisations,” said Paolo Ardoino, CEO of Tether and chief technology officer of Bitfinex Securities.

“Tokenisation actively removes these barriers,” he said, adding that RWAs can unlock capital more efficiently than traditional financial products.

Latin America was the seventh-largest crypto economy in the world back in 2023, trailing the Middle East and North America (MENA), Eastern Asia and Eastern Europe, according to blockchain analytics firm Chainalysis.

Arbitrum has scheduled its flagship “ArbiVerse” event for November 19 in Buenos Aires, coinciding with the Devconnect gathering.

Refer to the official tweet by ARB:

ARB Info

Arbitrum is a layer 2 scaling solution designed for the Ethereum network. Its goal is to increase the scalability of Ethereum while preserving its decentralization and security.

Arbitrum operates by batching many transactions together off-chain and then submitting a single, combined proof of all these transactions to the Ethereum base layer. This greatly reduces the amount of computation and storage that the Ethereum network has to handle, allowing it to support a much higher throughput of transactions.

DexTools will host an AMA on X on October 31st at 16:00 UTC to examine the Satoshi15 tSAT initiative and its proposal to value holdings in satoshis and enable rapid transfers.

Refer to the official tweet by DEXT:

DEXT Info

DEXTools is a comprehensive application designed for traders that consolidates information from decentralized markets into a unified user interface. The platform facilitates a clearer understanding of trading activities, investments, and the overall status of the cryptocurrency market.

The DEXTools ecosystem offers a range of functionalities, including the Pool Explorer for monitoring liquidity movements and new pool formations on decentralized exchanges. The Pair Explorer provides insights into token charts, transactions, trust, and other project metrics. Additionally, users can track specific trader’s wallets using Wallet info, monitor large transactions through Big Swap Explorer, and utilize Multiswap to access multiple DEX portals, enhancing trading efficiency.

DEXT, the native utility token of the platform, offers users access to advanced features of the app, either by holding the token or through a monthly subscription. Furthermore, DEXT allows entry to premium trading groups, community initiatives, and exclusive ventures like DEXT Force Ventures.

Injective is preparing to roll out a new INJ Community BuyBack Program on October 29th. The initiative allows users to commit their INJ tokens, share ecosystem rewards, and observe token burns executed directly on-chain.

Refer to the official tweet by INJ:

INJ Info

Injective Protocol is a decentralized exchange (DEX) protocol built on the Cosmos SDK, offering advanced cross-chain trading capabilities.

Key features of Injective Protocol include:

1. Decentralization: On the Injective platform, users have full control over their funds, with no third-party intervention.

2. Cross-chain trading: Injective supports trading between different blockchains, providing users with a wide range of tradable assets.

3. High performance: Injective utilizes the Tendermint consensus system, ensuring high throughput and low transaction latency.

4. Gas-free transactions: Users can trade without the need to pay gas fees.

INJ is the native token of Injective Protocol. The token is used for protocol governance, staking, and participation in voting processes that address key protocol upgrades and management decisions.

Render Network and OTOY will participate in the first-ever XR Motion Conference, taking place on October 25, in New York. The event will feature demos powered by Render Network and talks from creators, as well as workshops. The conference aims to explore advances in extended reality, 3D motion design, and AI-driven rendering technologies.

Refer to the official tweet by RENDER:

RENDER Info

Render Token, also known as RNDR, is a project aiming to democratize the process of rendering 3D content. Built on the Ethereum blockchain, the platform enables anyone in the world to use their computational resources to assist in rendering processes and be rewarded for their work in the form of RNDR tokens.

Typically, rendering 3D content can be a highly resource-intensive process, requiring significant processor time and energy. For many individuals and organizations, especially those working in industries where 3D rendering is important (like gaming, film, virtual and augmented reality), this can pose a significant challenge.

The Render Token platform addresses this issue by providing a path to a decentralized rendering network, where anyone with suitable hardware can participate. Users can “rent out” their computational resources to assist in rendering 3D content, and be rewarded for it in RNDR tokens. This creates a more democratized and efficient system, which can enhance the accessibility and speed of 3D content rendering.

Moreover, Render Token is working on innovating new uses of blockchain in the realm of digital art and graphics, including the creation and distribution of NFTs (non-fungible tokens) and other forms of digital content.

Yield Guild Games (YGG), in collaboration with ItPlaysOut, launches PLAYGG, a weekly interactive mini-game series. Each episode offers players short gaming challenges, live music, and real rewards. The first episode is set to air on October 24 at 14:00 UTC, bringing together entertainment and Web3 gaming participation in a casual format.

YGG Info

Yield Guild Games (YGG) is a decentralized autonomous organization (DAO) that uses blockchain to provide access to play-to-earn (P2E) games worldwide. YGG invests in NFTs used in blockchain games.

Yield Guild Games is based on the idea that games can be a source of income. Using the P2E model, players can earn assets by playing games. These assets can then be converted into real money.

The YGG token is used within the ecosystem for voting and community governance. YGG token holders can vote on various issues related to community management, including the buying and selling of NFT assets.