President Javier Milei's April 2026 public acknowledgment that Argentines prefer the peso over dollarization—citing lack of adoption despite optional "endogenous" dollar use and failed tax amnesties—has solidified trader consensus against full adoption by June 30, pricing "No" at 98.7%. The administration's shift to peso stabilization via a managed exchange rate band launched January 2026, coupled with rising foreign reserves from inflows and export growth, has reduced urgency for replacing the currency. Dollarization demands congressional approval, ample U.S. dollar reserves to redeem pesos, and likely IMF coordination—none advancing amid economic stabilization. With six weeks remaining, only a sudden crisis or policy reversal could shift odds, though Milei's non-forced approach signals low likelihood.