A new documentary entitled “Colombia and the Cryptocurrency Revolution” shows recent spikes in Colombia’s adoption of cryptocurrencies. The Dash-sponsored YouTube channel covers the merchant adoption progress in Medellín and crypto conferences taking place in South America.
According to DiscoverDash, Colombia ranks third in the world for Dash-accepting merchant listings. Colombia’s 327 merchants are among 3,000 merchants in South America that accept Dash as a payment option.
Dash, which is similar to Bitcoin, is designed to have more privacy and faster transaction speeds. The cryptocurrency has been gaining traction in South America where unstable economies are destroying local currencies amid spiraling hyperinflation.