Visa and Dune Report Highlights Rising Non-USD Stablecoin Usage as Money
A joint report by Visa and Dune indicates a growing trend in the use of non-USD stablecoins as a form of money, moving "beyond dollarization." Data from February reveals that the supply of non-USD stablecoins reached $1.1 billion. Furthermore, the aggregated transfer volume for these stablecoins experienced a significant surge, increasing over 1,600%. This development suggests an expanding role for stablecoins in global financial transactions and highlights their increasing adoption.
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