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<p>The post <a href="https://coinpedia.org/crypto-live-news/tether-usdt-surpasses-visa-in-daily-transaction-volume/" rel="noopener noreferrer nofollow">Tether USDT Surpasses Visa In Daily Transaction Volume&nbsp;</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>According to on-chain data from Lookonchain, Tether USDT on the Tron network has surpassed Visa in daily trading volume as USDT reached $53 billion compared to Visa’s $42 billion. Data from April had the top three stablecoins, a combined monthly trading volume of $1.369 trillion, which exceeded Visa’s monthly average of $1.23 trillion in 2023. Further,&nbsp; Tether had almost the same monthly volume as Mastercard, the second-largest card provider. The spike in the volume can be partly due to the increasing stablecoin demand in a crypto market downturn. Stablecoins have increased monthly transfer volumes by over 10x in the past 4 years, reaching approximately $1 trillion.&nbsp;</p>

Tether USDT Surpasses Visa In Daily Transaction Volume

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