Open Dollar: Dollar stablecoins account for 90% of crypto transactions, 70 times more than similar stablecoins in the European Union
2024-06-30 20:01:20
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Open Dollar said in a social media post that in 2024, dollar-backed stablecoins will account for 90% of crypto transactions, averaging $270 billion per week, which is 70 times more than similar stablecoins in the European Union. Euro-backed stablecoins are currently at an all-time high, albeit only 1.1% of trading volume.
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