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Nexo launches crypto card in Argentina for spending, borrowing, and earning stablecoin yields.

Market News
08 Jul 2026
Crypto Briefing
View Source
Bullish
pluang ai news

Nexo has introduced its crypto card in Argentina, allowing users to spend crypto directly or borrow against their digital assets without selling them. The card offers cashback and lets users earn interest on held assets. Nexo also provides up to 13% annual yields on USD stablecoins and credit lines in both Argentine Pesos and US Dollars. This launch follows Nexo's acquisition of local exchange Buenbit, establishing regulatory compliance and a regional hub in Buenos Aires. The move targets Argentina's inflation-driven demand for dollar savings and liquidity solutions, with a strategic partnership with the Argentine Football Association to boost user adoption ahead of the 2026 FIFA World Cup.

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