Throughout modern history, emerging economies have suffered from political, social and economic instability. Bad monetary policy - namely, unbridled money printing - led to hyperinflation in many countries in LATAM (in December/2022 numbers, Argentina - 95%, Venezuela - 156%), and with the lack of basic financial infrastructure, many people have been left at the margin of the financial system (despite the recent advancements, still 70% of LATAM population is unbanked or underbanked).