The average transaction volume of PayPal stablecoin PYUSD is about $800, which is higher than that of real-world credit cards
According to Ki Young Ju, founder of blockchain analysis company CryptoQuant, PYUSD, PayPal's stablecoin, seems to be operating well as a payment channel. In the real world, the average transaction amount for credit cards is about $164, while the average transaction amount for PYUSD can reach about $800. The average transaction amount for other stablecoins not used for payment is higher, ranging from $50,000 to $1 million.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
[Initial listing] Bitget to list Kiichain (KII)
New data display features added to the futures elite trader homepage
CFD profit share feature upgraded for safer earnings
New stock categories added to the market selection pop-up in the elite trade section
Crypto prices
More
