Survey: About $2.62 trillion was settled through stablecoins in the first half of the year
2024-09-12 13:42:54
According to five emerging markets 500 surveys shows stablecoinsdesk3cryptocurrencydesktopCrypto News
According to the latest survey of nearly 2,500 people in five emerging markets, stablecoins are no longer just for cryptocurrency transactions, but their use cases are growing. The data shows that about $2.62 trillion will be settled through stablecoins in the first half of 2024, with an annualized scale of $5.28 trillion. 57% of users reported an increase in stablecoin usage over the past year, and 72% believe this trend will continue. The survey also found that the most popular non-transactional use cases for stablecoins include currency exchange, payment for goods, remittances, and payment or receipt of wages.
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