Less Than 10% of Stablecoin Transaction Volume Coming from Real Users: Report

Less Than 10% of Stablecoin Transaction Volume Coming from Real Users: Report

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Source: Coindesk.com

More than 90% of stablecoin transaction volumes aren’t coming from genuine users, analysis co-developed by Visa finds, according to a Bloomberg report. Out of about $2.2 trillion in total transactions in April, just $149 billion originated from “organic payments activity."

Less than 10% of stablecoin transaction volumes are organic or come

Read More https://www.coindesk.com/policy/2024/05/06/less-than-10-of-stablecoin-transaction-volume-coming-from-real-users-report/?utm_medium=referral&utm_source=rss&utm_campaign=headlines

The post "Less Than 10% of Stablecoin Transaction Volume Coming from Real Users: Report" appeared first here Coindesk.com.

Source: Coindesk.com

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