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Ripio CEO: Stablecoins will still play an important role in Argentina

Argentina's newly elected president, Javier Milei, promised economic reforms during his campaign. Sebastian Serrano, CEO of Ripio, stated that the specifics of the reforms will only be known after Milei's inauguration on December 10th, but regardless of what happens, stablecoins will play an important role in the financial lives of Argentinians. Serrano said that the cryptocurrency community in Argentina has responded enthusiastically to the election of this former economics professor. In October, Ripio, a cryptocurrency exchange based in Argentina, saw a 180% increase in new users, and on November 19th (the day of Milei's election), there was a 110% increase in new users compared to the previous month.

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