LATAM employees choosing to be paid in crypto.
Especially in Argentina it makes all the sense with their 97% inflation y/y
64% choose BTC
25% wants USD pegged token
The rest probably other shitcoins (7% ETH....)
https://cryptonews.com/news/increase-number-of-latam-workers-choosing-get-paid-crypto.htm
Oh wow, 64% of remote workers get paid in crypto, and out of that 64% in Bitcoin (~total 41%). Bitwage payment platform has an increase of 250%. Interesting too that 25% prefers USDC. But good to know that only 7% are for eth.
Would have loved for Bitcoin to be 100% but what a remarkable start and stats!
For example in Argentina it is totally understandable. you dont want to have savings in Argentinian peso with their inflation.
USD cash is playing a big part in Argentina economy.
Even with BTC volatility it is much safer bet even for "normies". And probably those who are more conservative choose USD pegged token. There are other risk factors but that is another discussion...
