Stablecoin cross-border flows surge 78%, defying crypto bear market

Cross-border stablecoin transfers surged as the wider crypto market shrank 37%, with Chainalysis pointing to growing use for trade, remittances and savings.
Key Takeaways
- Cross-border stablecoin transfers surged as the wider crypto market shrank 37%, with Chainalysis pointing to growing use for trade, remittances and savings.
- Read the full article for additional context and details.
- Read the full article for additional context and details.
Summary generated by IndiCrypto from CoinTelegraph. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.
More in Web3

Altcoin demand meets $18B threat as flows move into RWA perps as just 19% of traders keep alts
Traditional-asset perps filled a crypto-volume gap while Hyperliquid cohorts remained mostly segmented by their entry market. The post Altcoin demand meets $18B threat as flows move into RWA perps as just 19% of traders keep alts appeared first on CryptoSlate.

Bitcoin's $16 billion quarterly options settlement arrives with a 'call-heavy' book
Nearly $18 billion in bitcoin and ether options will expire on Friday, potentially reshaping dealer hedging flows and short-term volatility.

Chainalysis Report: The US Owns the Most Crypto but Uses It the Least
Per Chainalysis’ latest report, crypto’s total market cap halved in the 12 months to June 30, a $2.1 trillion contraction. The economic activity underneath it fell 1.6%. The Number That Didn’t Move The seventh edition of Chainalysis’ Geography of…