2024 Crypto OTC trading surged 106% YoY: Finery
2025 looks promising for the cryptocurrency industry after sectors like OTC and stablecoin transactions experienced significant growth in 2024, according to Finery Markets experts.
Over-the-counter trading volume grew a staggering 106% year-on-year in 2024 as the digital asset market recorded new highs and euphoric sentiment, Finery Markets told crypto.news via email on Jan. 10.
The multinational, non-custodial crypto infrastructure firm attributed the OTC rally to rising stablecoin demand and increased crypto-to-crypto transitions, particularly during the second half of 2024 and in Q4.
Q4 trading activity significantly outpaced all other quarters. Q2, benefiting from the successful BTC ETF launches, was the only…
