Coinbase CEO: The annual trading volume of stablecoins is approaching that of payment giant Visa
ChainCatcher news, Coinbase CEO Brian Armstrong posted on the X platform: "Interesting data about the payment giant Visa." The accompanying image shows that Visa's annual transaction volume has seen little significant growth from 2013 to 2023. In contrast, the annual transaction volume of stablecoins has been steadily increasing since mid-2016, and by 2023, it is close to Visa's transaction volume.
Additionally, Bitcoin's annual transaction volume has been on the rise since 2013, but it experienced a decline around 2021, and by 2023, it is comparable to PayPal's transaction volume.
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
