Wu Blockchain reports that Binance's official blog has disclosed the first-week data for its stock spot product, Direct Stocks. This product provides eligible users with access to U.S. stocks and is fully settled in stablecoins. Binance stated that about 10% of unique users accessing the product completed registration, with approximately 64% of them completing trades. Users from emerging markets contributed over 80% of the trading volume, and around 39% of transactions were under $100. According to Binance Research, the first-week trading volume of Direct Stocks was roughly equivalent to 2% of the perpetual contract trading volume related to traditional finance (TradFi). They also predict that by 2031, crypto exchanges could bring nearly 300 million new users and approximately $2 trillion in additional funds to the global stock market. https://(wublock123.com)/news/binance-stock-spot-first-week-emerging-markets-80pc-volume-62718