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📎 An unusual situation has emerged in the digital asset market: stablecoins pegged to the Turkish lira have overtaken euro-denominated tokens in transaction volume. According to Zodia Markets, a subsidiary of Standard Chartered, on-chain lira transfers will reach $3.4 billion in 2025.
This makes the Turkish currency the second most popular stablecoin after the dollar. So, where does the euro fit into this landscape?
The gap between dollar- and euro-denominated
stablecoins isn't even measured in percentage points—it's 200-fold. And this gap isn't narrowing, it's only widening. We explored why the EU lost the "blockchain race" before it even really got started and how to rectify the situation.#
#btc #usdt $GT #usdc $ETH #xrp $SOL #ltc