馃殌 Stablecoins on the Rise! 馃實
A new survey by Castle Island Ventures, sponsored by Visa, reveals that stablecoins are becoming a go-to for payments & savings in Nigeria, India, Indonesia, Turkey, and Brazil.
Key findings:
- 50% use stablecoins for trading
- 47% use them for saving in USD
- 44% earn DeFi yield
Tether (USDT) leads the market, while Ethereum is the preferred blockchain. Trust Wallet, MetaMask, and Coinbase Wallet are top choices.
Nigeria shines with 77% holding over 10% of assets in stables.
What are your thoughts on this trend? Share below! 馃挰 #Crypto #Stablecoins #DeFi