coinpedia
2024-05-06 06:55:17

Visa’s Data Shows Over 90% of Stablecoin Transactions In April Emanated from Crypto Bots

The post Visa’s Data Shows Over 90% of Stablecoin Transactions In April Emanated from Crypto Bots appeared first on Coinpedia Fintech News The stablecoin market has eclipsed more than $161 billion in valuation and a daily average traded volume of around $36 billion. However, market data provided via a dashboard developed by Visa Inc. Cl A (NYSE: V) and Allium Labs shows that organic payment activity for stablecoin is still in the infancy stage. Of the $2.2 …

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.