USD Is an Absolute Leader in Crypto to Fiat Trading

According to the report published by CryptoCompare, the US dollar is involved in exactly one half of all the crypto/fiat transaction.

Source: CryptoCompare

The second and third places belong to the Asian market (Japanese yen – 21%, Korean won – 16%). The other fiat currencies that also made it to the rating were British pound, Euro and, surprisingly, Polish zloty.

The report suggests that this top is not likely to change drastically in the nearest future, although the number of transaction between BTC and KRW has lately increased, meaning that won might soon outrun its Japanese “opponent”.

We remind you:

What is Fiat Money?

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