📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ
XRP surpasses ETH, becoming the second most popular coin in America Latin.
The report Crypto Landscape in Latin America – First Half 2025 by Bitso – one of the largest crypto exchanges in the Latin American region – reveals a notable trend: XRP, the digital asset of Ripple, has grown significantly and surpassed ETH to become the second most held coin in the region.
Bitcoin still leads but XRP rises strongly
According to data from the markets where Bitso operates directly, including Argentina, Brazil, Colombia, and Mexico, Bitcoin still dominates, appearing in 54% of the investment portfolios of Latin American investors. However, XRP has surpassed ETH to rise to the runner-up position, present in 12% of the custody accounts at Bitso.
ETH fell to the third position with 11%, while stablecoins and local currencies reached 12%. Other cryptocurrencies like Solana (SOL) and memecoins accounted for less than 5% of the portfolio.
Notably, XRP has a higher acceptance rate in countries where the BTC holding rate is lower, such as Mexico (BTC 55% compared to XRP 13%) and Colombia (BTC 49% compared to XRP 10%).
Stablecoin continues to lead trading activities
In terms of trading volume, stablecoins remain the most traded type of digital asset, accounting for 46% of total transactions across the region, up from 39% in 2024. The two leading stablecoins – USDC and USDT – have an equal share of 23%.
Bitso believes that the stable and growing trend of stablecoins in America Latina comes from the increasing presence of practical applications in daily life.
In Argentina, stablecoins account for 85% of total cryptocurrency purchase transactions, with USDT dominating at 78%. The reason is believed to be due to the unstable economic situation and the people's preference for the USD, along with the ability to buy digital USD 24/7 that Bitso provides.
Vương Tiễn