This week has been a difficult one for cryptocurrencies, especially bitcoin, whose value was hit hard by the Chinese government's crackdown on "miners" located in the Asian giant. The crypto phenomenon, however, is still very active. A few weeks ago, the Argentinean startup AgroToken launched the cryptosoya, the first cryptocurrency backed by physical soybean reserves, which makes it a "stablecoin" (https://www.youtube.com/watch?v=zvXM8WIW80Y&ab_channel=Agrotoken).

Each crypto token is worth the equivalent of 1 ton of soybeans. AgroToken plans to launch stablecoins also backed by physical corn and wheat reserves. And, as if that were not enough, the Latin American Chamber of Lithium is proposing the creation of Atomic 3, a cryptocurrency backed by lithium.