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U.S. Banking Cutoff Presents Opportunities for Crypto in Europe

March 19, 2023
in Crypto Updates
Reading Time: 1 min read
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Relating to buying and selling, the excellent news for traders is the crypto trade has grow to be more and more much less reliant on fiat currencies over the previous few years. In reality, the proportion of market share of all quantity on centralized exchanges for stablecoins simply hit an all-time excessive following the Silvergate troubles final week as traders proceed to want stablecoins to conventional fiat. Within the final yr alone, stablecoins have risen from 79% of volumes to over 90%, commanding the overwhelming majority of volumes on exchanges.

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