Nobody's using crypto for its intended purpose - its value proposition when it comes to payments is just as dubious as it ever was. The vast majority of the attention for crypto has been for its speculative aspect.
For 2020 in Mexico alone from Bitso: "Frida Vargas, head of business sevelopment at Bitso, told CoinDesk the company processed about $1.2 billion in remittances between the U.S. to Mexico in 2020. “Our main users are remittance companies, who use crypto technology to improve and make the remittance sending and collecting process easier,” she said."[1]
In Argentina: "Cryptocurrency penetration was at 12% in Argentina, vs. 29% credit card penetration, indicating impressive crypto uptake in that country"[2]
"There is high interest in receiving crypto remittances in various LatAm markets, such as Peru (33%), Argentina (19%), Mexico (15%), and Brazil (8%)"[2]
There is also chainalysis[3] data for small transfers in LatAm showing 1.5M monthly transfers at a total value of 300M monthly volume. https://pbs.twimg.com/media/FPCfq-LWUAEctzT?format=jpg&name=...
[1] https://www.yahoo.com/video/mexican-remittances-continent-la... [2] https://americasmi.com/pdfs_landings/220211_The_cryptocurren... [3] Page 42: https://go.chainalysis.com/rs/503-FAP-074/images/Geography-o...
bahahaha. the story never changes but bitcoin is always the proletariat fighting against the powers that be. Don't worry, El Salvador is accepting it as legal tender!