Lemon, one of the Argentine platforms of sale of cryptocurrencies, received today at its offices in Palermo, Buenos Aires, to a delegation of US legislators involved in the elaboration and sanction of the Genius Law.
The encounter, which It happened after the visit of US legislators to Casa Rosada With President Javier Milei and his team, he allowed the exchange of visions on the adoption of the stablcoins and the debate on the future of digital financial infrastructure in emerging economies.
According to a Lemon statement sent to Cryptonoticias, the delegation was headed by French Hill, president of the Financial Services Commission of the Congress House of Representatives. In addition, legislators Don Davis, Warren Davidson, Janelle Bynum, Troy Downing and Tim Moore were present, as well as representatives of the United States Embassy.
Maximiliano Raimondi (CFO), Juan Pablo Fridenberg (Director of Public Affairs), Ignacio Giménez (Business Developer), and Alejo Blasco (Marketing Chief), who They presented the learnings arising from operating in one of the most active cryptocurrency markets on the continent.
During the meeting, the Lemon team shared an analysis of the evolution of the Stablcoins market in Argentina, with the economic policy changes that involved Javier Milei’s entry to the presidency two years ago in December 2023.
This indicated that in 2023, compared to an inflation of 211% and a devaluation of 74%, the stablecoins, such as USDC, became a refuge of value for hundreds of thousands of Argentines. On the other hand, since last year, with greater exchange stability, he said that Bitcoin (BTC) won prominence as a reserve of value among Argentines.
However, they specified from the Argentine cryptocurrency exchange that, in this scenario, the stablcoins found new use cases, such as international payments, remittances, dollars accounts, access to decentralized finances and international payments.
“The most remarkable thing was not the adoption peak during the 2023 elections, but what came later. The stablecoins went from being a refuge of value to become the basis on which solutions that solve the day -to -day life of the people are being built: payments, savings, remittances and investment. That evolution reflects a genuine adoption and a new layer of financial infrastructure that is already underway.
Maximiliano Raimondi, financial director of Lemon.
From Lemon, they also mentioned that In 2025, even with the lifted stocks and the open banking dollar market, its volume operated in Stablecoins grew 20% compared to the previous semester, as seen below. According to his vision, this confirms his consolidation as a tool for daily use.
“In Argentina, the leaving of the stock did not stop the ‘Crypto Dollar’. Due to its liquidity, availability 24/7 and ease of use, the portfolios was naturally integrated
Virtual of the Argentines. It is no longer just a shelter, but a financial tool of its day to day, even chosen when the banking dollar is
Available, ”said Raimondi.
At the meeting, too Possible local effects of new cryptocurrencies were addressed, such as Genius Law In the United States, which was approved eleven days ago to regulate Stablecoins emitters who follow the price of the dollar and boost their use.
The role that traditional banks, opportunities for small and medium -sized financial entities could play, and the risk of a fragmentation of the cryptocurrency ecosystem between Onshore and Offshore jurisdictions could play.
“It is a key moment to build clear and coordinated rules that foster innovation, protect the user, and eliminate those distortions in the tax scope that discriminates the increasing users who adopt Crypto for their finances,” said Juan Pablo Fridenberg, director of Public Affairs in Lemon.
The meeting was highlighted Importance of moving towards neutral tax treatmentavoiding policies that contradict the objective of positioning Argentina as a technological and financial innovation hub in the region.
