Digital asset platform Nexo officially launches in Argentina following its acquisition of Buenbit to offer high-yield savings and crypto-backed credit.
Global digital asset wealth platform Nexo established its regional hub in Buenos Aires on March 5, 2026. The expansion introduces a digital dollar savings alternative allowing local users to earn up to 13% annual interest on stablecoins like USDT and USDC.
The platform also debuts crypto-backed credit in the Argentine market, enabling bitcoin and ethereum holders to access liquidity without selling their positions. These services outperform traditional local instruments such as fixed-term deposits and mutual funds, which typically offer returns between 0.5% and 8% annually.
“Today, technology enables people to save in hard currency, earn yield, and access liquidity — complementing traditional financial alternatives,” said Federico Ogue, CEO of Buenbit by Nexo.
🧭 FAQs
• What is the primary interest rate offered for digital dollar savings in Argentina? Users can earn up to 13% annual interest on USD-based stablecoins through the platform.
• Which local firm did Nexo acquire to facilitate its Argentine expansion? Nexo established its regional presence in Buenos Aires after the strategic acquisition of Buenbit.
• How much does Nexo currently manage in global assets under management? The digital asset wealth platform currently oversees more than USD 8 billion in assets.
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