Stablecoins Increasingly Used for Savings, Payments in Emerging Countries, but Crypto Trading Still Leads: Report

Stablecoins are increasingly used for everyday finances such as savings, currency conversion and cross-border payments in emerging markets, according to a Thursday report by digital asset investment firm Castle Island Ventures and hedge fund group Brevan Howard.

Based on a survey of more than 2,500 cryptocurrency users in Brazil, Nigeria, Turkey, Indonesia, and India, access to crypto

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