CryptoQuant CEO: South Korean Officials Say 10% of Their Domestic Trade Transactions Use Stablecoin
Bitget2024/10/31 08:48
On October 31, CryptoQuant CEO Ki Young Ju said in a post on the X platform that South Korean government officials say 10% of South Korean trade transactions use stablecoins.
USDT has a 72% share of the stablecoin market, mainly on the TRON blockchain, probably because it is fast and has lower fees than ETH. Whatever the reason, the market has chosen Tether and TRON, and they have found a product-market fit.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!
You may also like
U.S. stocks and gold both hit new highs, while the cryptocurrency market rebounds slightly
Bitget•2025/02/20 03:50
Trending news
MoreCrypto prices
More
Bitcoin
BTC
$96,867.82
+1.66%
Ethereum
ETH
$2,730.68
+1.55%
XRP
XRP
$2.7
+6.81%
Tether USDt
USDT
$0.9999
+0.03%
BNB
BNB
$647.09
-0.83%
Solana
SOL
$172.13
+2.93%
USDC
USDC
$0.9999
+0.00%
Dogecoin
DOGE
$0.2549
+1.38%
Cardano
ADA
$0.7783
+4.42%
TRON
TRX
$0.2387
-1.76%
How to sell PI
Bitget to list PI – Buy or sell PI quickly on Bitget!
Trade now
Become a trader now?A welcome pack worth 6200 USDT for new Bitgetters!
Sign up now