Stablecoins Process $27.6 Trillion in 2024, Surpassing Visa With 95% Settled on Ethereum
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In 2024, stablecoin transaction volumes surpassed those of Visa for the first time, according to multiple industry sources including Bitwise. Stablecoins processed over $27.6 trillion in transactions during the year, officially exceeding Visa’s total payment volume and edging out Mastercard by 7.7%. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io
Source: The Defiant
