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Study Finds 70% to 80% of Secondary Market Transactions Involve Crypto and Stablecoins

Around 70% to 80% of transactions in the crypto secondary market transactions occur between crypto assets and stablecoins. The South Korean government’s welcoming stance, coupled with the high popularity of crypto assets...

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Study Finds 70% to 80% of Secondary Market Transactions Involve Crypto and Stablecoins
Around 70% to 80% of transactions in the crypto secondary market transactions occur between crypto assets and stablecoins. The South Korean government’s welcoming stance, coupled with the high popularity of crypto assets in the country, are among the reasons why the won is now the second most-used fiat currency. Decline in 2021/2 Crypto-to-Stablecoin Volumes According […]

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This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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