CryptoQuant CEO Ki Young Ju posted on the X platform that South Korean government officials said that 10% of South Korean trade transactions use stablecoins.
USDT has a 72% share of the stablecoin market, mainly on the TRON blockchain, probably due to its speed and lower fees than ETH. For whatever reason, the market chose Tether and TRON, and they found a product-market fit.
CryptoQuant CEO: South Korean officials say 10% of their domestic trade transactions use stablecoins
2024-10-31 08:41:06
Cryptoquant CEO ki young ju platform posting South Korean governmentdesk3cryptocurrencydesktopCrypto News
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