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U.S. Banking Cutoff Presents Opportunities for Crypto in Europe

by Blockchain Daily Report
March 19, 2023
in Bitcoin
Reading Time: 1 min read
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U.S. Banking Cutoff Presents Opportunities for Crypto in Europe
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In terms of buying and selling, the excellent news for traders is the crypto business has turn into more and more much less reliant on fiat currencies over the previous few years. In reality, the share of market share of all quantity on centralized exchanges for stablecoins simply hit an all-time excessive following the Silvergate troubles final week as traders proceed to desire stablecoins to conventional fiat. Within the final yr alone, stablecoins have risen from 79% of volumes to over 90%, commanding the overwhelming majority of volumes on exchanges.



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