According to a study conducted by Castle Island Ventures, sponsored by Visa, crypto users in Nigeria, India, Indonesia, Turkey and Brazil use stablecoins predominantly as a means of payment and savings. 🌍

50% of respondents use stablecoins for crypto trading, while 47% prefer to save in dollars. Tether (USDT) stands out as the most popular stablecoin. 💸

Stablecoins are an important part of users’ portfolios. 55% of respondents said that stablecoins account for more than 10% of their assets. Nigeria leads in stablecoin usage.