Turkey and Argentina are the world's largest adopters of cryptocurrencies due to soaring prices and plummeting local currencies amid high inflation. Over a quarter of the population in Turkey owns digital currencies, while around 23.5% in Argentina owns them. The most traded digital currencies in these countries are stablecoins like Tether (USDT) and USD Coin (USDC), which are pegged to the US dollar, providing a safe haven to shield people's money from the collapsing local currencies. The global ownership rate of cryptocurrencies is estimated to be 11.9%.
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