u/BiscuitDadio

I scraped Binance's announcements and blog posts with Python and used Python to make this graph

One can use Binance's P2P market place to exchange a local currency for stablecoins such as USDT or USDC. Stablecoins are crypto pegged to the US dollar and are supposed to be backed 1:1 by relatively liquid assets.

Here I plot the date when it became possible to trade various countries' currencies. INote a few things - some of these currencies have exited. In the Philippines, only a few, largely local, crytpo exchanges are allowed to operate. Russia exited due to sanctions.

More generally I'm investigating whether access to stablecoins affects other economic activity such as remittences.