Stablecoins have recently recorded an average premium of 4.7% in emerging markets, increasing their relevance as a means of real-life transactions.
According to reports, the UK's Centre for Economic and Business Research (CEBR) and BVNK, in their own report,
The report found that stablecoin premiums for 17 emerging market companies and individuals averaged 4.7%, rising to as high as 30% in the case of Argentina.
The report states that "stablecoins have played an important role in global financial markets over the past decade," and that "Bitcoin
"This will provide a stable alternative to volatile crypto assets such as Bitcoin," he said.
"In the past, stablecoins have become an essential component for transactions," he said, explaining that "the reliance on stablecoins within these nations is growing."
2024/08/22 16:24 KST
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