PREH’s Tokenized Fund, Strategy’s Bitcoin Stack, and BIS Report
The BIS revealed data from the second quarter of 2024 showing roughly $600 billion in cross-border cryptocurrency transactions. The BIS attributed many of these transactions to speculative investment, primarily pushed by Bitcoin and Ether. Stablecoins such as USDt and USDC also played a significant role in facilitating payments.The has pointed out that the influx of cryptocurrencies across borders is no longer strictly investment-motivated, but is practically driven by use cases, such as remittances and cross-border transactions within nations where inflation rates run high. The report continued to state that geographical barriers...