Inflation in the Philippines Pushes Citizen to Embrace Crypto

Inflation in the Philippines Pushes Citizen to Embrace Crypto

A recent study conducted by the CoinDance has unveiled that the citizens of Philippines were making a high number of transactions exchanging fiat for the cryptocurrency. The increasing number of fiat to cryptocurrency transactions was believed to arise due to the increasing inflation rate faced in the country which is recorded at the level of 6.4%.

Leave a Reply

Your email address will not be published. Required fields are marked *