Argentinian Exchange Buenbit Launches Crypto Loans, Plans New Funding After Layoffs

Argentinian Crypto Exchange Buenbit Cuts 45% of Staff Due to Tech Industry Downturn

Users of the platform will be able to use MakerDAO’s stablecoin, DAI, as collateral and in return withdraw up to one million nuARS, a stablecoin tied to the Argentine peso, the company said in a statement. At the current exchange rate, the maximum amount is equivalent to $3,333.

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