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Take just decentralized finance (DeFi) in Asia as an example, where it accounted for 55.8% of transaction volume in CSAO from July 2022 through June 2022 as compared to 35.3% the previous year, more than a 20% jump. CSAO also “dominates when looking at purchasing power. Six out of the 10 top countries are located in the Asian-Pacific region, including India, Vietnam, the Philippines, Indonesia, Pakistan and Thailand.
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