Digital asset platform Nexo formally launches in Argentina to supply high-yield financial savings and cryptocurrency-backed credit score following the acquisition of Buenbit.
International digital asset asset platform Nexo has established a regional hub in Buenos Aires on March 5, 2026. The growth introduces a digital greenback financial savings different, permitting native customers to earn as much as 13% annual curiosity on stablecoins akin to USDT and USDC.
The platform can even debut cryptocurrency-backed credit within the Argentine market, permitting Bitcoin and Ethereum holders to entry liquidity with out having to promote their positions. These companies outperform conventional native merchandise akin to time period deposits and mutual funds, which generally yield returns of 0.5% to eight% per 12 months.
“At the moment, expertise permits individuals to avoid wasting, earn yield and entry liquidity in foreign exchange, complementing conventional monetary options,” mentioned Federico Org, Buenbit CEO at Nexo.
🧭Steadily Requested Questions
• What are the primary rates of interest supplied on digital greenback financial savings in Argentina? Customers can earn as much as 13% annual curiosity on USD-based stablecoins by means of the platform.
• What native firms has Nexo acquired to gas its growth in Argentina? Nexo established its regional presence in Buenos Aires after its strategic acquisition of Buenbit.
• How a lot of the world's property underneath administration does Nexo at the moment handle? The digital asset asset platform at the moment manages over US$8 billion in property.
