Latin Americans are increasingly routing everyday income and business payments through digital-dollar platforms, bypassing domestic banking systems, according to a new report from BeInCrypto. The study, titled 'The Exodus Economy', analyzes stablecoin withdrawals from verified exchange addresses and finds that more than 99% of withdrawn volume moves again within 30 days. The average withdrawal is $544, and annualized withdrawals reached $31.5 billion in 2026.
Stablecoins as everyday payment rails
The report details how stablecoins are being used for contractor pay, customer payments, business-to-business transactions, export revenue, and supplier invoice settlements. Motivations vary by country. In Argentina, dollar access protects against currency instability. In Brazil, it enables global spending and investments. In Mexico, digital-dollar rails operate alongside a large remittance market. The data suggests stablecoins are functioning as a parallel payment infrastructure rather than a speculative asset.
Not a savings vehicle
Only 6% of withdrawing addresses behaved as long-term savers — defined as leaving at least 90% of the withdrawn balance untouched for 90 days. The Dollar Half-Life, which measures the time for half of a withdrawn stablecoin balance to move again, increased from 4.7 days in March 2025 to 10.9 days in March 2026. That's a longer hold period, but still far from long-term storage. Most users are moving money quickly, not hoarding it.
The scale of the shift
With $31.5 billion in annualized withdrawals and an average transaction of $544, the volume is significant for Latin American economies. The report underscores a structural shift away from traditional banking for everyday transactions. As stablecoins increasingly handle business payments, regulators in the region may face pressure to adapt their frameworks.
The findings come from BeInCrypto's analysis of on-chain data from verified exchange addresses. The report does not name specific platforms or companies, but the trend is clear: digital dollars are becoming a default payment method for millions in Latin America.
