El Salvador leads Bitcoin ATM adoption in Latin America, with 215 ATMs, followed by Puerto Rico with 162 ATMs. Mexico ranks third with 100 ATMs. The distribution of Bitcoin ATMs across the region shows varying adoption rates. Globally, there are approximately 37,249 active ATMs, with the majority supporting Bitcoin transactions. The top 10 operators control 77.2% of the Bitcoin ATM market. El Salvador's dominance serves as a model for other countries, but the uneven pace of adoption highlights the challenges of digital transformation. Bridging the adoption gap requires addressing technological infrastructure and regulatory frameworks. The growth and distribution of Bitcoin ATMs will play a crucial role in cryptocurrency adoption in Latin America.
CryptoQuant Analyst, Coinbase CEO Advocate for Countries to Prioritize Bitcoin Over Gold: Here’s Why