Crypto News

70% of payments in the EU go to retail, food and beverages – Oobit

70% of the crypt of the crypto in the European Union go towards the purchase of retail, food and beverages, toward Until the Oobit report, a platform for payment cryptocurrency, which examined the habits of spending their users.

The report, which denominated all transactions in US dollars, showed that the average amount of payment was used by Oobit Applications 8.36, while the average deposit in the application was about $ 85. After purchasing on retail and food and drinks, 26% of payment went into activities related to tourism such as accommodation, travel and aviation. 1.5% went to government services and digital payments, while an additional 1.5% moved to various purchases such as health care and entertainment.

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The report notes that increased adoption of cryptological payments is probably due to the growing acceptance of digital assets in the EU, with increased credibility coming from the governments on the croppage. However, 92% of payment comes with USDTT (USDTT) StableCoin, which started a favorable Mici Regulation which went into full effect 30. December 2024. years.

The Oobit report complements the data from the chain, which showed that the adoption of cryptocurlency in Central, Northern and Western Europe (CNVE) grown 44% for an overly year. For transactions below a million dollars, the station market in that region increased at 2.5 times faster than those in North America.

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Micropages, stablechoins who grow cripto cases for use

Micropages, which sometimes use stablecoins, was increasing use for the CRIPTO. Progress in technology like a lightning network, which allowed fast micropations in Bitcoin (Btc) I CRIPTO Debit Cards that offer consumption in the CRIPTO with “CRIPTO BACK”, this adoption was encouraged. How to Oobit Note in the title of your report, Cripto moves from the memes on the exchange.

These changes began to encourage adoption worldwide. In June 2024, Nubanke brought lightning network Up to 100 million Latin American customers.

In June 2023. Ybex has teamed up with Grupo Salinas to allow millions of Mexicans Pay your online accounts with Bitcoin. 13. Marta 2025, Ripple secured permission to Dubai Offer CRYPTO PAYMENT IN THE UNITED ARABE EMIRATES.

Then the stable selfs like USDT and Circle USD (USDC). According to the defiles, the Stablecoin market cap increased from $ 62.8 billion. April 2021. at $ 229.6 billion 18. March 2025, a percentage of 266%.

70% of payments in the EU go to retail, food and beverages - Oobit

Stablecoin Market from 1. April 2021. until 18. Marta 2025. Source: Defiles

These Fiat-Pegged Cryptocurrency are often used in developing countries in which local currencies are devalued.

As Arthur Azizov, General Manager B2Binpai, wrote in February 2025. Place for cointelegraph, CRIPTO Payments Can experience an evolution of 2025. Years onwards. Some key factors are careful that the debut digital currency of the Central Bank, which could be pushed for decentralized options and a net between payment providers and traditional finances.

Journal: Payments Bitcoin undermines centralized stablecoins