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Argentina SME collapse: 31,000 firms closed, 181,500 jobs lost under Milei
PerfilSRC LO·AR·2 days ago
Grupo BIND and Mastercard launched 'Pagos FX', a platform enabling Argentine SMEs to pay foreign invoices in pesos via CVU and cash dollar with liquidation (CCL), bypassing foreign bank accounts. This facilitates import payments amid capital controls, potentially easing SME trade friction. The solution's adoption and regulatory implications remain uncertain.