President Javier Milei's recent confirmation that Argentines do not want dollarization, despite legal permissions for dollar transactions, has solidified trader consensus against adoption by June 30, 2026. His administration has prioritized peso stabilization, achieving fiscal surplus, central bank reserves over $47 billion, and annual inflation down to around 30% from triple digits, reducing urgency for radical monetary reform. Structural barriers persist: dollarization requires congressional legislation that Milei's minority coalition cannot secure without broad opposition support, plus logistical challenges in peso conversion amid ongoing currency controls targeted for 2026 lift. With under three months remaining and no bill introduced, traders price near-certainty on continuation of the peso regime, though a sudden economic crisis or surprise legislative push could theoretically shift dynamics.