BeInCrypto says Latin American users are moving funds through crypto, with Argentina withdrawals averaging $544
A BeInCrypto report says users in Latin America are using crypto rails to move money out of the region, with average withdrawals in Argentina reaching $544 and the median falling between $150 and $270. The study tracked six outbound fund routes and reviewed 12 products marketed as dollar accounts. Only two of those products held customer balances in insured U.S. bank deposits, while five relied directly on stablecoins. The report also found that more than 99% of withdrawn funds kept moving within 30 days, largely for wages, invoices, and day-to-day expenses, suggesting stablecoins were used more as payment rails than as stores of value. In Brazil, local savings returns rose to 150 over a decade, compared with 99 for dollar assets, yet offshore wealth declared by Brazilians was estimated at $654 billion in 2024. According to the report, that points to motives beyond yield alone. Intelliwealth CEO Farhad Farhadi described the behavior as an “insurance premium rather than a fear premium,” while Raiku CEO Robin Nordnes said habits formed during crises are unlikely to reverse quickly and that mobile access has sharply reduced friction in moving money.
