Despite the recent bear market and the latest banking turbulence, people in Latin America are increasingly using stablecoins as an inflationary shield, while in Europe stablecoins are gaining more traction among businesses. marinalammertyn reports
Stablecoin adoption worldwide continues apace despite the bear market and the banking crisis, when some projects lost their dollar peg, Latin American and European crypto specialists said during a recent Spanish-language CoinDesk Twitter Spaces event.
“Although it is true that crypto activity has decreased since the bear market, the participation and capitalization of the stablecoin market has grown a lot,” Liserra said.
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