TechFlow News, June 14: Rain, a stablecoin payment infrastructure company, released a new report indicating that cryptocurrency transaction volume in Latin America totaled nearly $1.5 trillion between 2022 and 2025, with the vast majority of funds flowing into U.S. dollar-pegged stablecoins.
According to the report, as of early 2025, approximately 57.7 million people in Latin America held digital assets—about 12% of the region’s total population—demonstrating high user penetration of cryptocurrencies in the region.
Rain stated that the core driver behind the rapid growth of stablecoins is not market speculation but real-world financial needs—including persistent local currency depreciation, limited access to U.S. dollars, high cross-border remittance costs, and insufficient coverage by traditional banking services. Against this backdrop, U.S. dollar-pegged stablecoins have gradually become vital tools for savings and payments among residents.
Looking at specific markets, Brazil stands out for its exceptionally large stablecoin transaction volume, accounting for roughly 90% of the country’s total cryptocurrency transaction volume. In Colombia, approximately 99% of funds used to purchase crypto assets via centralized exchanges using local currency ultimately flow into stablecoin products.
As global stablecoin payment applications continue expanding, Latin America is emerging as one of the most active regions for digital dollar usage—a development drawing sustained attention from both the cryptocurrency industry and traditional financial institutions.
