Trends are not alien to our country economic/technological and because of the situation in which we now live, many Peruvians are betting on cryptocurrencies. In this way, Peru is in top 20 in the world countries since wider acceptance these digital currencies and with a large number of their owners.
Through a report provided United Nations Conference on Trade and Development (UNCTAD)which is part UNit was announced that our country is included in this group of 20 economies from around the world, along with other countries in the South American region, such as Brazil, Colombia D Venezuela.
On the chart “Cryptocurrency adoption by percentage of the population” provided by the relevant authority, it can be seen that Peru ranked eighteenth with 3.7%the place he shares with Belarus which has the same percentage. On the podium we find Ukraine With 12.7%; to Russian Federation With 11.9% Already Venezuela With 10.5%.
Reasons why Peru is in the top 20
According to Raphael Merouanco-founder and CEO cryptocurrency marketThe fact is that Peru is among the 20 countries with the highest level of implementation cryptocurrencies responds to the fact that these digital assets are rapidly becoming real alternative for buying goods, services or for investmentwhich once again demonstrates that cryptocurrencies are increasing their share in the local market.
“Given the loss of purchasing power resulting from inflationPeruvians are evaluating various options for protecting their Money and in this context the use cryptocurrencies as a digital means of exchanging money, as well as investments”mentions Meruane.
Cryptocurrencies are expanding in Latin America
Ecosystem of digital currencies bitcoin D ethereum grew up in 2300% come in September 2019 and June 2021being pandemic one of the main responsible for this rapid expansion. Meruane points out that for developing countries such as Peru and more than Latin America, cryptocurrencies they bring with them new opportunities for those who possess them.
Among the benefits noted by the expert, the following can be distinguished:
- Cost savings through greater efficiency and speed.
- Transparency and security as there are platforms with higher standards of privacy and protection.
- Expanding access to financial services by expanding access to a variety of financial services for people who currently cannot participate in the traditional banking system.
- Save time by reducing face-to-face procedures and their respective transfers.
For example, he 51% Latin Americans have already made any deal with cryptocurrency and 33% already used stablecoins – stable digital currencies on par with the US dollar – for making payments or everyday purchases, all this, as the results show New payments index 2022 from master card.
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Source: RPP
I’m Liza Grey, an experienced news writer and author at the Buna Times. I specialize in writing about economic issues, with a focus on uncovering stories that have a positive impact on society. With over seven years of experience in the news industry, I am highly knowledgeable about current events and the ways in which they affect our daily lives.