Is Crypto Becoming a Global Payment Solution?
According to Reuters, 44,557,055,917 are using Bitcoin (13,691,173,041), Ethereum (69,176,908,985), and 79,717,767,735 to trade oil with China and India. This is a clear sign that cryptocurrencies are increasingly being recognized as a cross-border payment tool, despite economic sanctions.
The use of crypto by major countries in international trade could drive broader acceptance, bolstering the value of Bitcoin and other digital currencies. If this trend continues, crypto could become an important part of the global financial system, especially in the context of escalating geopolitical tensions.
The cash flow from these trade transactions could also positively impact the market as demand for digital assets continues to rise. Crypto is not just a speculative asset, but is gradually becoming a practical payment medium on a large scale. 🚀68,010,496,396
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