Businesses in Latin America are using digital dollars for international trade, driven by hyperinflationary pressures.

The entities involved

• Latin America →

  region of the Americas where Romance languages are primarily spoken

  • Partnership initiative begins in Colombia to help women by providing free cloud computing and AI training through Amazon entities in Latin America.Mon 14:45
  • Trump's administration conducted strikes against alleged drug traffickers in Latin America to stem the drug flow.Mon 14:41
• US Dollar (Next day) →

  Distinct currency with ISO 4217 code "USN", defined for trade purposes

  • The People's Bank of China sets the daily reference rate for currency trading and manages the value of the Renminbi against the US Dollar.Mon 03:21
  • The Fed is monitoring inflation and market sentiment following the US-Iran deal.Mon 02:04

Related events

• Trump's posts are causing small day-to-day currency swings, while central bank coordination helps contain overall volatility.Sep 20
• Central Bank data reflects national economic activity, driving regional trends and reliance on stablecoin dollarisation in Latin America.Sep 21
• Brazil's Central Bank is initiating a digital currency due to market growth, driving regional crypto value.Jun 21
• Sanctions bills could weaken the US dollar, which is heavily relied upon for international trade and impacts the global financial system.Jul 20