Stablecoin usage expands beyond crypto trading

Castle Island Ventures has released a report on stablecoins, highlighting their growing usage from an on-chain perspective.

When asked about stablecoin activities in non-crypto sectors, the most common use was as a currency substitute (69%), followed by payments for goods and services (39%) and cross-border payments (39%).

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *

More posts