 | The market share of fiat EURO pairs on centralized exchanges has nearly doubled relative to the dollar since the start of this year, increases from 10% in January to 18% in June. Regulatory clarity has been increasing in Europe, while the US sector is in chaos. It's hard to tell yet whether this is a long term pattern that could be explained by lower volumes in USD fiat transactions - or a longer term transition as people move to other options as USD fiat transactions become more difficult. I think this could be the start of a longer trend - if people can't buy crypto in US$, they won't give up, they'll just find other options. [link] [comments] |
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