BUSINESSR/CRYPTOCURRENCY
The Sunset of Bitcoin? Stablecoins Rise to Dominance in LATAM and Africa
High inflation in Latin America and Africa has accelerated the adoption of stablecoins over Bitcoin, with dollar-pegged tokens accounting for 40% of purchases in LATAM and Bitcoin's retail share dropping to 18%. Factors like quantum computing threats and U.S. stablecoin legalization are expected to solidify this shift.
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