Tag: adoption

Yemen Turns to DeFi: US Sanctions Fuel Crypto Adoption

Yemen Turns to DeFi: US Sanctions Fuel Crypto Adoption

Meanwhile, financial sanctions and conflict are devastating Yemen’s economy. Consequently, average individuals are seeking the safety and flexibility of decentralized finance (DeFi) as a major institution alternative to traditional banking systems. The US administration has reinstated the Houthis’ designation as a Foreign Terrorist Organization (FTO), which has led to increased...

Panama Goes Crypto: Can Solana L2s Like Solaxy Handle Adoption?

Panama Goes Crypto: Can Solana L2s Like Solaxy Handle Adoption?

Panama’s growing appetite for crypto creates both risks and rewards for blockchain networks such as Solana. As adoption continues to increase, scalability becomes a make-or-break factor. Solana, although frequently touted for its throughput and lack of transaction fees, has suffered from network congestions. These growing pains have opened the door...

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