Nexo Launches in Argentina With High‑Yield Alternative After Acquiring Buenbit - Crypto Economy

TL;DR:

• Nexo officially launched in Argentina with over $8 billion in assets under management, after acquiring Buenbit and establishing its regional hub in Buenos Aires.
• The platform offers up to 13% annual interest on stablecoins, compared to the 0.5% and 8% yielded by traditional local financial instruments.
• Users who deposit $1,000 or more within the first seven days will receive Platinum status in its loyalty program for one month.

Nexo officially launched in Argentina with the release of its digital dollar savings platform, positioning itself as one of the highest-yielding alternatives to traditional fixed-term deposits and mutual funds. The company, which manages over $8 billion in assets globally, completed its entry into the local market following the acquisition of Buenbit and the creation of a regional hub in Buenos Aires.

The core proposition targets a paradigm shift in how Argentinians relate to the dollar: holding it is no longer enough — the goal is to put it to work. Through stablecoins such as USDT and USDC, digital assets pegged to the value of the US dollar, users can earn up to 13% annual interest, with daily compounding and no complex structures required. That return far exceeds what traditional local market instruments offer, which in the best-case scenario reach 8% per year.


NEXO Will Offer Loans and Immediate Liquidity

Beyond savings tools, Nexo is also introducing credit backed by digital assets in Argentina. The scheme allows holders of Bitcoin, Ethereum, or other cryptocurrencies to use them as collateral to access immediate liquidity without having to sell their positions or forfeit their long-term investments. The company positions itself as the second-largest crypto lender in the world, behind only Tether.

“Argentina is a sophisticated market, with high digital adoption and a strong culture of saving in hard currency,” said Federico Ogue, CEO of Buenbit by Nexo. “Our proposal is to combine that reality with global infrastructure, prudent risk management, and products designed to generate long-term value.”


For the local launch, Nexo will offer a limited-time welcome incentive: those who deposit the equivalent of $1,000 or more within the first seven days of registration will automatically receive Platinum status in its loyalty program for one month.

From Buenos Aires, the company plans to accelerate its expansion across Latin America, leveraging the return of credit offerings to various markets. Nexo also announced its formal return to the United States market during 2026, in collaboration with regulated partners and in full compliance with the local regulatory framework.