CryptoQuant CEO: South Korean officials say 10% of domestic trade transactions use stablecoins
CryptoQuant CEO Ki Young Ju posted on X platform that Korean government officials claimed that 10% of Korean trade transactions use stablecoins. USDT accounts for 72% of the stablecoin market, mainly on the TRON blockchain, possibly because of its fast speed and lower fees compared to ETH. Whatever the reason, the market has chosen Tether and TRON, and they have found the intersection between their products and the market.
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