Argentina: Football transfer to Brazil settled in cryptocurrency

The transfer of Galoppo from Club Atlético Banfield to São Paulo Futebol Clube was made, a purchase that reinforces the narrative of cryptocurrencies as a means of payment.

The introduction of cryptocurrencies has reached Argentine soccer. On Wednesday, July 27, the transfer of footballer Giuliano Galoppo to a Brazilian club was announced, a transaction carried out with "USD Coin" (USDC). According to the local press, the transaction amounted to about US$8 million.

"USDC" is a stable cryptocurrency with a value pegged to the US dollar. Users can convert 1 USDC coin into US$1 at any time, own crypto, and are not exposed to the significant . . .

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