Altcoins News
By Dan Saada
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In the Ripple BlockStars Podcast, Joel asked: In the past year, Mexico has seen a boom in the crypto market. And the country is embracing this technology at breakneck speed.
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When asked: In May of 2020 Bitso reported a 342% trading volume growth over just eight months less than a year.
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Daniel Vogel replied: I would divide it in to two. The number one when we think of customer adoption in Mexico, what we are seeing is a complex macroeconomic environment,…
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And, they see that crypto exchanges allowing to convert to and from USD as a really good way for diversifying but to be able to have that liquidity on demand whenever they want to.
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When asked if store of value is the key use case? Store of value is the huge use case. And, definitely in the months between March 2020 and May 2020 as the world was trying to…
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The second reason why volume has been increasing significantly was actually because we have adoption of the ODL or on demand Liquidity.
The Currency Analytics
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