Singapore Leads With $1 Billion in Stablecoin Transactions Amid Global Push

Highlights,In the second quarter, Singapore witnessed a record-breaking nearly $1 billion in stablecoin payments, predominantly at merchant locations, as reported by Chainalysis.,Eric Jardine, the Lead of Cybercrimes Research at Chainalysis, noted that businesses are increasingly adopting these tokens due to their “efficiency and low cost.” Furthermore, stablecoin transactions in Singapore totaled about $161 million in the latter half of 2023, according to the analysis.,

https://coinniu.com/singapore-leads-with-1-billion-in-stablecoin-transactions-amid-global-push/

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