Rising Stablecoins Volume: A Threat to Visa? Analyzing Crypto Coins like USDT and DAI

• Recent analysis by Sacra Research suggests that the total transaction volume of stablecoins may soon exceed that of major payment processor Visa.
• Despite the potential advantages of stablecoins in international payments, concerns remain regarding the authenticity of these transactions.
• Visa’s cryptocurrency division head, Cuy Sheffield, points out that a significant portion of stablecoin transactions could be driven by bots rather than human users.

As stablecoins gain traction in the global payment landscape, their total transaction volume may soon surpass that of Visa. However, the authenticity of these transactions remains a contentious issue.

Advantages in International Payments

Jan-Erik Asplund, co-founder of Sacra Research, argues that stablecoins offer an optimal solution for international transactions. Unlike traditional banking systems, stableco... Read the full article for FREE at COINOTAG!