Argentine platform Lemon reports 60% annual volume growth, driven by stablecoin adoption for payments and cross-border transfers.
Lemon, an Argentine crypto and financial services platform, processed $9.3 billion in total volume in 2025, a 60% increase from the previous year. Transactional users rose 70% to nearly 1.8 million, while stablecoin volume grew 45% year-on-year.
The growth reflects a shift in stablecoin use from savings to financial infrastructure, including payments and cross-border transfers. Users can convert pesos to USDC for transactions in Brazil via PIX or move between bank and digital dollars.
Emerging markets are adopting similar trends, with stablecoin demand expanding beyond regulated exchanges. Binance Smart Chain data shows rising daily user activity, signaling broader adoption in Latin America.