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Argentine peso holders can now buy USDC (a stablecoin: a digital token pegged to the US dollar at a fixed one-to-one ratio) without paying Mercuryo's standard purchase fees.
Global payments infrastructure platform Mercuryo launched the offer alongside cryptocurrency exchange LBank, targeting users in Argentina. What the offer covers The waiver applies to USDC purchased with Argentine pesos.
A fiat on-ramp is a service that converts local currency directly into a digital asset, and purchasing USDC through one typically carries a platform fee from the infrastructure provider handling the conversion.
This offer removes Mercuryo's portion of that cost for buyers using Argentine pesos. LBank is the exchange partner on the user-facing side of the arrangement.
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