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Argentina's plan to end currency controls has caused significant fluctuations in the local stablecoin market.
DailyNews
BTC-3,26%
Odaily News Starting next Monday (April 14), Argentina will officially abolish the strict currency control measures “cepo cambiario” that have been in place for six years, marking a significant shift in the country’s economic policy. As a result, the stablecoin market has experienced substantial fluctuations, with trading volume on the local exchange Lemon surging nearly 100%, as users are more inclined to purchase stablecoins. Currently, the high volatility and unusual trading activity in the Argentine market may lead more people to choose stablecoins. (News.bitcoin)
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