Western Europe’s crypto economy hits $2.08 trillion as stablecoin use surges
By Rony Roy
Western Europe’s cryptocurrency economy has reached $2.08 trillion in annual activity, with stablecoin holdings rising 131% even as the region’s largest market, the United Kingdom, recorded a decline. According to a November 9 report from blockchain analytics firm Chainalysis, crypto…
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Cryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
More about CryptocurrencyBlockchain
A shared digital ledger in which records are grouped into blocks and linked so that past entries are very hard to change.
It underpins cryptocurrencies and is tested for payments, supply tracking and record keeping.
More about BlockchainMore in Crypto
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