Stablecoin

<p>The post <a href="https://coinpedia.org/crypto-live-news/less-than-10-of-stablecoin-transactions-form-real-users-bloomberg-report/" rel="noopener noreferrer nofollow">Less Than 10% of Stablecoin Transactions Form Real Users: Bloomberg Report</a> appeared first on <a href="https://coinpedia.org" rel="noopener noreferrer nofollow">Coinpedia Fintech News</a></p>
<p>As per a Bloomberg report, analysis by Visa and Alium labs finds that more than 90% of stablecoin transaction volumes do not come from real users suggesting such from of crypto tokens being used as payment options might be far away. Out of $2.2 trillion in total transactions in April, only $149 billion were from “organic payments activity” where the analysis removed the bot transactions and transactions by large-scale traders. However, a growth of monthly active stablecoin users, with 27.5 million monthly active users across all chains was also reported.</p>

Less Than 10% of Stablecoin Transactions Form Real Users: Bloomberg Report

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