Global Crypto Adoption Surges Amidst Geopolitical Shifts
Global Crypto Adoption Surges Amidst Geopolitical Shifts
Recent reports highlight a significant surge in crypto card spending, reaching $600 million monthly, marking a 500% increase since September 2024. This growth is largely driven by Visa, which now handles 90% of on-chain transactions related to these cards. Concurrently, discussions around crypto's role as a 'new financial silk road' underscore its growing importance and resilience in a dynamic geopolitical and economic landscape, suggesting its adaptability amidst global conflicts and changing power structures.
Crypto card spending hit $600M monthly, up 500% since September 2024, with Visa capturing 90% of on-chain transactions.
The landscape of the Middle East and North Africa changed dramatically when the United States and Israel joined forces and attacked Iran. The whole world then became involved in the conflict. Some tried to be a mediator and tell both sides to calm down. Others chose sides and expressed their support or disapproval. While countries