Multiple high-inflation countries are accelerating the adoption of crypto assets as an alternative store of value. According to data from Chainalysis, between July 2024 and June 2025, the scale of crypto transactions reached $200 billion in Turkey (with local inflation of approximately 32%), $93.9 billion in Argentina (inflation of around 31%), $92.1 billion in Nigeria (inflation of about 16%), $44.6 billion in Venezuela (inflation exceeding 170%), and $14.8 billion in Bolivia (inflation of roughly 22%). Reports indicate that although global inflation has declined, crypto assets are still regarded as a viable alternative in economies where the local currency system remains unstable.
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