Argentina leads crypto adoption in Latin America, with 19.8% ownership. Millennials drive growth as new markets experience rapid digital asset expansion.
Latin America is quickly becoming one of the world’s most active regions for cryptocurrency adoption, with Argentina leading the charge. A recent report from Rankings Latam has revealed that nearly 20% of Argentinians now own digital assets, making the country the region’s leader in crypto adoption. This is a major breakthrough in Argentina as compared to other key players such as Brazil and El Salvador.
Crypto Adoption Grows 18.3% in Latin America in Q2 2025
The report has shown that Argentina has a current crypto ownership rate of 19.8 %, which has placed it above the rest of the region. In second place, Brazil, with its large and fast-developing crypto community, with 18.6%, and El Salvador, which captured the world headlines in recent years as it made Bitcoin a legal currency, have a rate of 14.6%. Over 80 % of the total crypto ownership in the region is in six countries, including Argentina, Brazil, Chile, Colombia, Mexico, and Peru. Cryptocurrency use remains centralized in these countries, which set the tone for digital asset adoption in Latin America.
On the other hand, the cryptocurrency in Latin America has grown out of control. The overall crypto ownership rate in the region increased by 18.3% in the second quarter of 2025. With the increased adoption of digital currencies, there has been an improved adoption rate in Latin America that remains to be the best in the world. This means that the six dominant countries that control 87% of all crypto users in the region further solidify their position in the place.
According to statistics, the demographic breakdown of this cryptoverse reveals that the Millennials are leading this crypto revolution. The findings of 18 countries of the region show that 21.9% of people aged 18-35 years are the owners of cryptocurrency and are the largest group in this respect. Generation X, those aged 36 to 49, is next with a rate of ownership of 14.1%. The Baby Boomers aged between 50 and 65 are less active with 11.2 % saying they own. Only 3.5 % of crypto owners are seniors (66 to 80 years old).
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Millennials Drive Crypto Adoption in Latin America
These figures point out the fact that younger people are not just assimilating cryptocurrencies into vast numbers, but that they are on the forefront as far as consumption is concerned. Millennials are expected to transact, save, and diversify their investments using cryptocurrency. This scenario is indicative of the fact that a tech-savvy and futuristic generation is quite literally defining cryptocurrency in the region in the future.
On the country level, the example of Argentina in terms of crypto adoption is to be highlighted. The country appears to be leading the way at least with almost a fifth of its population possessing digital assets. Yet, the fact that other countries of Latin America, including Bolivia, experience the equally rapid development of crypto is also worth mentioning. Bolivia witnessed a massive 355% crypto adoption in the past quarter alone with other countries, Guatemala and Paraguay, rising by 88 % and 52 % respectively. Such new markets show that cryptocurrencies are increasingly being adopted in countries where the economy has been highly volatile, and where achieving access to conventional financial services has been a challenge.
With the crypto world constantly developing, Latin America ends up being a leading space in the worldwide adoption. A fast increase in ownership of this new asset, most notably by younger generation individuals, also suggests that the region will rely on digital financial instruments in the future alongside conventional financial instruments. It is obvious that cryptocurrencies are providing an alternative to traditional systems of finance, and Argentina could be the starting point of the crypto revolution in Latin America.
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