The blue dollar price has dropped by $5 this Thursday, July 3. Currently, it trades at **$1,215 for purchase and $1,235 for sale. Meanwhile, crypto exchanges and virtual cuevas** are offering slightly higher rates.
Online platforms facilitate the trading of stablecoins—often referred to as crypto dollars—which many view as a digital alternative to the traditional blue dollar.
Key Highlights
- Stablecoins maintain a 1:1 peg to the USD, making them a popular choice for dollarizing savings.
- The blue dollar’s decline has shifted attention to crypto dollar USDT as a market indicator.
- Analysts consider stablecoin prices a thermometer for future exchange rate movements, especially the blue dollar.
Crypto Dollar: Current Exchange Rates
As of 3:55 PM today:
- USDT trades at $1,238 on Binance.
- Rates vary across platforms, ranging between $1,240** and **$1,260 (per CriptoYa).
Comparison Table
| Currency | Rate (ARS) |
|----------------|-----------|
| Blue Dollar | $1,235 |
| Crypto USDT | $1,238 |
| MEP Dollar | $1,235 |
| Official Dollar| $1,245 |
Stablecoins Overtaking the Blue Dollar
👉 Why USDT dominates Argentina’s crypto market
- USDT (Tether) is the most traded stablecoin in Argentina, surpassing Bitcoin and Ethereum in volume.
- Available 24/7 in any quantity, with a 1:1 USD peg.
- Movements in USDT/DAI often predict blue dollar trends during market closures (elections, holidays).
FAQ
Q: Why are stablecoins like USDT gaining traction?
A: They offer instant, round-the-clock dollarization without physical cash.
Q: How does USDT’s price reflect the blue dollar’s future?
A: Its liquidity and transparency make it a leading indicator of demand for USD-backed assets.
Q: Can I use USDT for everyday transactions?
A: While primarily for savings, some merchants and P2P platforms accept it.
👉 Explore crypto-dollar strategies