Argentine Analysts Believe Economic 'Tetherization' Might Be in 2026's Congress Roadmap

Source: CryptoNewsNet Original Title: Argentine Analysts Believe Economic ‘Tetherization’ Might Be in 2026’s Congress Roadmap Original Link: https://cryptonews.net/news/finance/32189694/ The new Argentine Congress will have to deal with several critical cryptocurrency and stablecoin-related issues this new year.

According to Deputy Martin Yeza, the government will reevaluate the recipe for dollarization to stabilize the economy this year, with the inclusion of stablecoins and cryptocurrencies as dollar proxies.

Talking with Igroup, he stated:

If a series of reforms are implemented, we will face significant resistance, and those kinds of sessions will certainly not be well-received in Congress.

However, one of the changes he would like to see is the incorporation of stablecoins as a payment mechanism. He also considers that allowing the central bank to hold cryptocurrency and mine it through state companies, such as YPF, would be positive, even if the government doesn’t take advantage of these possibilities immediately.

One of the key campaign promises of President Milei was to close the central bank and dollarize the economy to bring inflation numbers down.

Rocelo Lopez, a local crypto entrepreneur, supported a “tetherization” of the Argentine economy, referring to the issuer of the largest stablecoin by market capitalization. This approach would offer benefits compared to a regular dollarization process without involving the U.S. government. Operations would be traceable and with low-cost transactions, Lopez stressed.

Recent reports reveal that Argentine banks are prepared to offer crypto services to their customers, and that the central bank is drafting a special measure to open the cryptocurrency market to private banks.

Key Takeaways

• The new Argentine Congress will reevaluate the use of stablecoins and cryptocurrencies as dollar proxies to help stabilize the economy in 2026.
• Deputy Martin Yeza supports incorporating stablecoins as a payment mechanism and allowing the central bank to hold and mine cryptocurrency through state companies.
• Local analysts advocate for “tetherization” as a flexible alternative to traditional dollarization, providing benefits like traceability and low-cost transactions without needing U.S. approval.
• Argentine banks are preparing to offer crypto services, with the central bank working on measures to open the crypto market to private banks.