🌍 Several countries with high inflation are accelerating the use of crypto-assets as an alternative store of value.
Chainalysis data shows that from July 2024 to June 2025:
🇹🇷 Turkey recorded a crypto transaction volume of 200 billion dollars ( local inflation of about 32 %) 🇦🇷 Argentina 93.9 billion dollars ( inflation of about 31 % ) 🇳🇬 Nigeria 92.1 billion dollars ( inflation of about 16 %) 🇻🇪 Venezuela 44.6 billion dollars ( inflation of over 170 % ) 🇧🇴 Bolivia 14.8 billion dollars ( inflation of about 22 % ).
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
🌍 Several countries with high inflation are accelerating the use of crypto-assets as an alternative store of value.
Chainalysis data shows that from July 2024 to June 2025:
🇹🇷 Turkey recorded a crypto transaction volume of 200 billion dollars ( local inflation of about 32 %)
🇦🇷 Argentina 93.9 billion dollars ( inflation of about 31 % )
🇳🇬 Nigeria 92.1 billion dollars ( inflation of about 16 %)
🇻🇪 Venezuela 44.6 billion dollars ( inflation of over 170 % )
🇧🇴 Bolivia 14.8 billion dollars ( inflation of about 22 % ).