BIS Working Papers No 1265: DeFiying gravity? An empirical analysis of cross-border Bitcoin, Ether and stablecoin flows
- 1 minute reading time
We investigate trends and drivers of cross-border flows of the two major native cryptoassets (Bitcoin and Ether) and the two major asset-backed stablecoins (Tether and USD Coin) between 184 countries from 2017 to 2024.
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