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Western Europe’s crypto economy hits $2.08 trillion as stablecoin use surges

Western Europe’s crypto economy hits $2.08 trillion as stablecoin use surges
AI summary

Chainalysis reports Western Europe's crypto economy reached $2.08 trillion in annual activity, with stablecoin holdings up 131%. The growth came even as the UK, the region's largest market, recorded a decline. Traders should note the shift toward stablecoins as a liquidity and settlement base in Europe, which can support trading volumes and on-chain activity.

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