PANews reported on April 13 that according to News.bitcoin, Argentina will officially abolish the strict currency control measure "cepo cambiario" that has been in place for six years starting April 14, marking a significant shift in the country's economic policy. After the announcement by the country's economic minister, the stablecoin market in Argentine cryptocurrency exchanges experienced substantial fluctuations, with trading volume increasing significantly. Currently, the high market volatility and abnormal trading activity in Argentina may lead more people to choose stablecoins.
