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Argentines Seek Hedging in Crypto After Economy Minister Resigns

  • Price of Tether in Argentine pesos up 6.6% on Binance exchange
  • Argentina has one of the highest crypto adoption rates

The cost of buying Tether’s stablecoin USDT with Argentine pesos surged Saturday after Economy Minister Martin Guzman resigned

The resignation marked the biggest departure of President Alberto Fernandez’s government after infighting escalated within the ruling coalition. No replacement was immediately named.