Turkey’s crypto market, projected at $200 billion by 2025, outpaces the UAE significantly. Recent trends show an explosive rise in altcoin trading, surging from $50 million to $240 million, while stablecoin trading plummeted from over $200 million to approximately $70 million.
Chainalysis highlights a shift as institutional investors capitalize on Turkey’s economic instability; however, retail interest is declining. The MENA region overall is seeing slower growth compared to global markets.
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