Oobit: 70% of encryption payments in the EU are used for retail, food, and beverages.

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A survey by the cryptocurrency payment platform Oobit shows that 70% of cryptocurrency payments in the EU region are used for retail, food, and beverage consumption, 26% for travel, 1.5% flowing to government services and digital payments, and another 1.5% involving healthcare and entertainment. 92% of payments are made through USDT, while USDT faces challenges under the MiCA regulations effective December 30, 2024. The cryptocurrency adoption rate in the Central, Northern, and Western Europe (CNWE) region has risen by 44% year-on-year, with the stablecoin market growing at 2.5 times the rate of North America for transactions below $1 million. (Cointelegraph)

OOBIT-2.07%
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