In the first half of 2024, stablecoins facilitated transactions totaling $2.6 trillion. đ”
Visa and Castle Island Ventures project that by the end of the year, this volume could soar to $5.28 trillion.
Stablecoins are predominantly utilized for cross-border payments, remittances, payroll, and trading, especially in emerging markets like Nigeria and Brazil.
đ Key Stats:
âȘïž47% use stablecoins for savings
âȘïž43% for better currency conversion
âȘïž39% for earning yields
57% of users have increased their stablecoin use over the past year, and 72% expect this trend to continue. đđž
