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Research Suggests Stablecoin Use Remained High After Capital Controls Were Lifted
(12 hours ago) · 1 source · Summarized by CryptoBipto
New research indicates that dollar-denominated stablecoin usage stayed elevated in certain regions even after capital controls that initially drove adoption were removed. The findings suggest that once users adopted stablecoins as a tool for moving value, many continued using them beyond the original need.
WHY IT MATTERS
Stablecoins are cryptocurrencies designed to hold a steady value, usually pegged to a traditional currency like the US dollar.
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SOURCES
- cryptoslate.com
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