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Argentina stretches from the subtropical Iguazú Falls to the glaciers of Patagonia and Tierra del Fuego, with cattle on the pampas and the vineyards of Mendoza in between. Over recent decades the peso has gone through several redenominations and waves of inflation, so people are used to counting large sums in dollars and have long relied on crypto: Argentina ranks among Latin America's leaders in stablecoin use. The cash exchange that Kurslog tracks is so far concentrated in the capital, Buenos Aires, with 10 crypto exchangers.

USDT to dollars and pesos

USDT TRC-20 to cash USD currently pays 1 USDT = 1 USD, with a 5.3% gap between exchangers. Pesos are available through USDT TRC-20 to cash ARS at 1 USDT = 1 524.99 ARS. Bitcoin goes for 1 BTC = 77 828 USD.