A new report from Dune titled ‘LATAM Crypto 2025’ highlights Latin America’s accelerating adoption of cryptocurrencies within its financial systems. The report reveals a shift away from speculative uses and a growing reliance on digital currencies for everyday transactions, savings, and remittances. Examining four key areas – exchanges, stablecoins, entry/exit infrastructure, and payment solutions – the report provides insights into the region’s burgeoning cryptocurrency market. 2024 saw an exponential surge in exchange platform volumes, with transaction volume jumping from $3 billion to a substantial $27 billion, fuelled by players like Ethereum for large-value transfers, Tron for affordable USDT transactions, and Solana and Polygon for individual transactions. This rapid growth points to varied use cases, ranging from personal transactions to cross-border remittances. Stablecoins dominated the market in July 2025, with a surge in demand for stablecoins pegged to local currencies. For instance, the Brazilian real’s USD-linked stablecoin saw a remarkable 660% rise while the Mexican peso’s stablecoin experienced a 1,100% increase. Moreover, platforms like PayDece and ZKP2P facilitated $60 million in transactions by seamlessly integrating crypto into local economies. Tech solutions such as Picnic, Exa, and BlindPay offer users tools to manage stablecoins, providing a bank-like convenience within the cryptocurrency realm. This report reveals that Latin America is shaping the future of digital finance with innovative applications and robust adoption of technology.