EUR/COP Trades Flat Amid Euro Dominance in Local Transactions
The EUR/COP pair is trading at COL$3,620.54, showing a modest gain for the day.
This comes as the European Central Bank (ECB) confirmed that less than 1% of euro area merchants accept cryptocurrency payments, maintaining the euro's dominance in local transactions.
The strong demand for euros in business commerce persists, with limited indication of digital asset displacement in the region.