Mapping Out LATAM/Caribbean Ecosystem

Since the emergence of Bitcoin and digital assets, Latin America and the Caribbean (LAC) have been advertised as central regions primed for growth and adoption. Weak currencies and high inflation, poor financial infrastructure, political conflicts, and or governmental instability have all been cases made for why these areas can and will benefit from the decentralized financial systems that blockchain technologies can deliver. 

In 2022, Chainalysis’ Global Crypto Adoption Index found that four Latin American countries — Brazil, Argentina, Colombia, and Ecuador ranked in the top 20 for global adoption of digital assets.