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Western Europe’s Crypto Economy Reaches $2.08T as Stablecoin Holdings Surge 131%

By Michael B

Western Europe’s crypto economy continued to expand despite a broader global market downturn, reaching $2.08 trillion in annual transaction activity as stablecoin adoption accelerated across the region. A report published by blockchain analytics firm Chainalysis on November 9 found that crypto activity increased 1.2%…

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Cryptocurrency

A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.

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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.

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