Latin America’s crypto user growth in 2025 was approximately three times faster than that of the United States. This significant increase highlights a growing interest and adoption of cryptocurrencies in the region. In 2025, Latin America experienced a robust rise in crypto transaction volume, exceeding $730 billion, marking a 60% increase compared to the previous year. This contributed to roughly 10% of the global crypto activity, underscoring the region’s expanding influence in the global market.
Brazil recorded $318.8 billion in crypto value in 2025, with growth approaching 250% year over year. Cross-border payments via crypto rails linked to Brazil’s PIX allowed Argentine users to pay Brazilian merchants in pesos while USDT settled behind the scenes. These figures are reported for Brazil’s 2025 crypto-market activity.
Argentina’s inflation was about 32% in 2025. Average monthly crypto users in Argentina were four times higher than during the 2021 bull market. Argentina saw 5.4 million crypto app downloads in 2025, with January downloads hitting a record. These metrics are reported for Argentina’s 2025 crypto-market activity.
Peru’s crypto app users doubled in 2025. Transfers between banks and wallets in Peru surpassed 540 million transactions in 2025, a 120% increase year over year. These transaction and user figures are reported for Peru’s 2025 crypto-market activity.
This section summarizes the reported 2025 country-level crypto metrics for Brazil, Argentina and Peru. The paragraphs above present the national figures and transactional details cited in the 2025 data.
Across the region, stablecoins facilitated cross-border transfers and were used as digital-dollar-like instruments that bypassed traditional banking networks. They enabled transfers of value between countries without routing through conventional bank channels. Stablecoins supported payments and remittances in contexts where traditional banking access was limited. The report described this regional use of stablecoins.
Bybit Pay integrated with Yape and Plin in Peru, signaling growing interoperability between banks and digital wallets. The integration involved Bybit Pay and the Peruvian wallet platforms Yape and Plin. The report presented the integration as an example of increasing technical and commercial links between crypto payment services and existing wallet systems.
BlackRock’s Rick Rieder, UBS’s Ulrike Hoffmann-Burchardi and Third Point’s Daniel Loeb were cited as seeing steady economic growth alongside a tougher market environment. The report named these institutional investors and associated their views with the region’s economic outlook. Those statements were recorded in the 2025 reporting.
The report highlighted stablecoin-enabled cross-border payments, interoperability developments, and institutional investors’ cautious outlooks. These themes were reported for Latin America’s 2025 crypto ecosystem.
Latin America’s crypto user growth accelerated relative to the United States, reflecting faster regional uptake of digital assets and payment use. Market activity in major countries featured dynamic developments across retail adoption, cross-border payment rails and interoperability with wallet platforms, and institutional investors were reported as seeing steady economic growth alongside a tougher market environment.
