While there has been a great deal of attention in the U.S. and other developed countries on the flood of institutional investors into crypto assets (see point 3), there’s an equally important trend of adoption in the developing world. Bitcoin- and stablecoin-based cross-border remittances are increasing in many developing countries, crypto payments have rapidly expanded inside troubled economies such as Turkey and Argentina, and, most interestingly, new hubs of unique innovation have popped up in the developing world.
