In the second quarter, Singapore witnessed a record-breaking nearly $1 billion in stablecoin payments, predominantly at merchant locations, as reported by Chainalysis. Eric Jardine, the Lead of Cybercrimes Research at Chainalysis, noted that businesses are increasingly adopting these tokens due to their “efficiency and low cost.” Furthermore, stablecoin transactions in Singapore totaled about $161 million The post Singapore Leads With $1 Billion in Stablecoin Transactions Amid Global Push appeared first on CoinGape .
