PANews reported on April 13 that according to News.bitcoin, Argentina will officially abolish the six-year-old strict currency control measure "cepo cambiario" from April 14, marking a major shift in the country's economic policy. After the country's Minister of Economy announced the measure, the stablecoin market of Argentina's cryptocurrency exchanges fluctuated sharply and trading volume increased significantly. The current high volatility of the Argentine market and abnormal trading activities may lead more people to choose stablecoins.
Argentina's lifting of currency controls triggers a surge in local stablecoin trading
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