📍Short Report: Why are stablecoins on @0xPolygon and @Celo chosen in the Latam region? I looked for cause-and-effect relationships and came to the following conclusion: - Inflation causes a flight to stable assets such as cUSD, cREAL, USDC, and USDT. Stablecoins have become a tool for hedging, facilitating transfers, and financial inclusion. 80% of the total volume on CEX is stablecoins. Data: *USDT/USDC domination on CEX in Latam - Large transfers require cheap transfers, and Latam's lack of banking stimulates new affordable tools and solutions on the blockchain. - Polygon and Celo stand out due to their technical advantages: @0xPolygon offers low fees, high throughput, developed payment infrastructure, and compatibility with Ethereum, integration with local systems, and support for non-USD stablecoins, processing over $1B in CEX flows in 2025. Data: *Payments projects on Polygon based in Latam @Celo focuses on mobility with phone number-based wallets like @minipay,...
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