Digital asset platform Nexo formally launches in Argentina following its acquisition of Buenbit to supply high-yield financial savings and crypto-backed credit score.
International digital asset wealth platform Nexo established its 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 like USDT and USDC.
The platform additionally debuts crypto-backed credit score within the Argentine market, enabling bitcoin and ethereum holders to entry liquidity with out promoting their positions. These providers outperform conventional native devices comparable to fixed-term deposits and mutual funds, which generally provide returns between 0.5% and eight% yearly.
“At present, know-how allows individuals to save lots of in onerous forex, earn yield, and entry liquidity — complementing conventional monetary options,” mentioned Federico Ogue, CEO of Buenbit by Nexo.
🧭 FAQs
• What’s the major rate of interest provided for digital greenback financial savings in Argentina? Customers can earn as much as 13% annual curiosity on USD-based stablecoins by the platform.
• Which native agency did Nexo purchase to facilitate its Argentine growth? Nexo established its regional presence in Buenos Aires after the strategic acquisition of Buenbit.
• How a lot does Nexo at the moment handle in world property below administration? The digital asset wealth platform at the moment oversees greater than USD 8 billion in property.
