Revealed: 90% of Stablecoin (USDT) Transactions Dominated by Bots, Not Humans

• In a recent report by Bloomberg, it has been revealed that more than 90% of stablecoin transaction volumes do not originate from genuine users, according to a new metric co-developed by Visa.
• Visa and Allium Labs have created a dashboard designed to filter out transactions initiated by bots and large-scale traders to isolate those made by real individuals.
• Out of approximately $2.2 trillion in total transactions recorded in April, a mere $149 billion was identified as “organic payments activity” by Visa.

Bloomberg report reveals that over 90% of stablecoin transactions are not from genuine users, according to a new metric co-developed by Visa and Allium Labs.

Stablecoin Market Faces Data Reality

The data challenges the optimistic outlook of stablecoin proponents who believe these tokens can transform the $150 trillion payments industry. Fintech giants such as PayPal Inc. and Stripe Inc. have been exploring stablecoi... Read the full article for FREE at COINOTAG!