November 16, 2024

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Kaiko Research: Latam Crypto Traders Prefer Stablecoins Over Bitcoin

1 min read
Kaiko Research: Latam Crypto Traders Prefer Stablecoins Over Bitcoin
Kaiko Research: Latam Crypto Traders Prefer Stablecoins Over BitcoinKaiko, a leading cryptocurrency market data analytics firm, has found that cryptocurrency users in Latin America prefer stablecoins over bitcoin. In its most recent Latam market report, issued in June, Kaiko determined that 40% of the trading volumes involved Tether’s USDT. This preference exists even though Bitcoin’s proposition includes protection against the currency debasement processes […]