The crypto payment specialist has announced multiple new initiatives over the past few weeks, including a partnership with Latin American exchange Bitso enabling USDC transactions to Argentina, Colombia and Mexico.

Tether and KriptonMarket announced a collaboration which will give small businesses access to stablecoins at the Central Market of Buenos Aires.

The low-cost Argentinian airline Flybondi announced an expansion of its partnership with NFT ticketing company TravelX to issue NFTs for all airline tickets.

Last month Brazilian president Inácio Lula da Silva and his Argentine counterpart, Alberto Fernandez, reignited the idea of a common currency as a means towards an economically independent future.

Argentina, a country with a highly volatile economy and troubled monetary policies has suffered severe drawbacks since the FTX collapse.

The government has approved the release of its own stablecoin for the province of San Luis, which will be pegged to the US dollar, as well as fully backed by liquid assets of the province.

Buenos Aires considers itself to be a crypto city and includes cryptocurrency and blockchain projects as part of its development and growth…

Despite the difficulties that most of the exchanges are suffering now, some are still trying to expand. Bybit, a Singapore-based cryptocurrency exchange, has announced it will be expanding its operations to Argentina.