BTC has become an essential financial tool to preserve wealth amid financial instability
According to Mars Finance news, a new report from the International Monetary Fund (IMF) shows that BTC has increasingly become a key channel for cross-border capital flows amid global financial instability.
Residents of countries with strict financial regulations are turning to Bitcoin to move capital more freely across borders, according to the International Monetary Fund. The report highlights the high volume of transactions coming from countries such as Argentina and Venezuela, whose citizens face hyperinflation and tight financial controls. In these regions, Bitcoin has become a necessary financial tool for preserving wealth and accessing global markets, rather than just a speculative investment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
The total on-chain holdings of US spot Bitcoin ETFs have surpassed 1.32 million BTC.
Yesterday, the net inflow of US spot Ethereum ETFs was $76.6 million.
Analyst: Bitcoin has bottomed out in the short term, a rebound towards $100,000 may occur

BlackRock IBIT holdings drop to 777,700 BTC