An unexpected spike in the circulation velocity of stablecoins is garnering attention, with Standard Chartered emphasizing its crucial role in shaping long-term industry forecasts. Geoffrey Kendrick, the head of digital asset research at the bank, revealed that the pace at which stablecoins exchange hands has significantly increased, defying prior assumptions and conventional financial models.
Continue Reading:Stablecoins Speed Towards New Horizons as Circulation Quickens
Source: https://en.bitcoinhaber.net/stablecoins-speed-towards-new-horizons-as-circulation-quickens
