According to KaikoData, regions with higher traditional remittance costs are experiencing increased stablecoin flows through remittance channels. This trend is driven by users seeking lower transaction fees and faster settlement times offered by stablecoins like USDT and USDC. As a result, traders should monitor stablecoin-related tokens and remittance service platforms, as heightened adoption in these markets may lead to growing trading volumes and volatility in associated crypto assets. This pattern underscores the importance of tracking cross-border transaction trends for informed trading decisions. (Source: KaikoData, 2024)

According to data shared by @KaikoData, high inflation rates are closely correlated with increased stablecoin cross-border transaction volumes, impacting both the sending and receiving sides. Additionally, periods of high bilateral foreign exchange (FX) volatility are linked to more stable stablecoin transaction flows. These findings suggest that traders should monitor macroeconomic indicators such as inflation and FX volatility, as they can signal upcoming changes in stablecoin demand and potential price action across crypto markets (source: @KaikoData, 2024).