Turkey has the highest stablecoin buying share relative to its GDP worldwide

  • News story


Name

Turkey has the highest stablecoin buying share relative to its GDP worldwide

Description

Turkey leads the global market in the ratio of stablecoin purchases to GDP. Turkish citizens are increasingly turning to stablecoins to preserve the value of their savings amid local currency volatility. This behavior highlights the growing importance and utility of stablecoins in regions facing economic instability.

Broader news topics

Broader topics

Cover

Date

04

Month
/

25

Day
/

2024

Year

12

:

00

am

Location

Turkey

Referenced by