Peso Swings and Stablecoins: Why Argentine Expats Fund Betting Balances in USDT
Argentines learn early to think in dollars. Decades of inflation, currency controls and sudden devaluations have taught savers at home and abroad to keep part of their money in a currency that holds its value from one month to the next. That habit follows many expats into their betting accounts. USDT, the dollar-pegged stablecoin, has become a common way to hold a balance that stays steady while the peso moves.