March 5, 2026, Buenos Aires, Argentina – Global digital asset wealth platform Nexo has officially launched in Argentina, marking a significant expansion in the Latin American market. This launch is based on Nexo's acquisition of leading local platform Buenbit and uses Buenos Aires as a regional hub to provide local users with new digital dollar savings solutions.
Against the backdrop of persistent high inflation and currency volatility in Argentina, an increasing number of residents are choosing to hold US dollars as a store of value. However, the interest rates on traditional bank fixed deposits are generally below 1%, and tools such as mutual funds struggle to provide stable and attractive returns. Nexo's stablecoin-based savings products fill this market gap.
Users can deposit USDT (Tether) or USDC (USD Coin), digital assets pegged 1:1 to the US dollar, through the platform, accruing interest daily with an annual percentage yield (APY) of up to 13%. This level of return far exceeds local traditional financial products while maintaining high asset liquidity and the ability to withdraw funds at any time, without the risk of price fluctuations.
In addition, Nexo has introduced crypto asset-backed loan services. Users can use their Bitcoin or Ethereum holdings as collateral to obtain US dollar liquidity without selling their assets to meet short-term funding needs, preserving long-term holding advantages while improving capital efficiency.
As the world's second-largest crypto lending platform, Nexo relies on its mature risk control system and global compliance architecture, combined with Buenbit's local financial license (CNV certification) and market insights in Argentina, to provide users with safe, transparent, and efficient financial services.
To celebrate the local launch, Nexo is offering a limited-time welcome program: new users who deposit stablecoins worth $1,000 or more within seven days of registration will automatically receive the platform's highest-level membership – Nexo Platinum – for one month, enjoying additional benefits and higher yield tiers.
With the improvement of digital financial infrastructure, Argentine users are gradually shifting from passively holding US dollars to actively managing assets, achieving a new savings model that combines preservation and appreciation. Nexo's entry not only brings higher-yield products but also promotes the evolution of the local financial ecosystem towards a more open and intelligent direction.