Open gallery view There are two emerging trends in the world of cryptocurrency. The first is the fast-growing field of DeFi (short for decentralized finance) – financial services that can go together with commerce in digital currency or savings with interest, like banks do. As of now, the equivalent of $85 billion is found in DeFi apps.
Another is the rise in popularity of digital currency in developing economies; in Nigeria, Africa’s largest economy, 32 percent of respondents in the country said that they used or owned cryptocurrencies, as opposed to six percent of Americans, a 2020 online survey said.
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