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The global economy has endured many challenges during the past few years, following the Covid-19 outbreak. We’ve all witnessed unprecedented levels of inflation as well as a lot of economic uncertainty.
It’s also no secret that the crypto and blockchain space has been impacted by these issues, along with the spectacular collapse of large platforms like FTX, Three Arrows Capital, Celsius and many others.
However, a comprehensive crypto adoption report indicates that consumers across the globe are using decentralized digital currencies to complete financial transactions. This trend is more evident in lower middle-income nations.
According to the World Bank, high-income countries include the United States, United Kingdom and Saudi Arabia, among others. Upper middle-income nations include Argentina, China and