Cryptocurrency card payments reached $18 billion, with Visa accounting for over 90% of the transaction volume.
according to the Artemis research report, cryptocurrency cards have become a key channel for stablecoin usage, with an annualized transaction volume of 18 billion USD, approaching the 19 billion USD scale of peer-to-peer stablecoin on-chain transfers. Currently, Visa dominates this market, accounting for over 90% of the transaction volume. Despite rapid growth, Artemis believes that in the short term, direct cryptocurrency payments still find it difficult to completely replace traditional card networks.
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
Ethereum’s $2,540 Retest Becomes Key Test for the Rally
Canton Network breaks 2 month range! – CC’s run to $0.15 depends on THIS zone
Analysis: Wall Street Is Not Yet Ready to Short AI in Large Numbers
Overseas capital is aggressively buying US stocks! Net inflows reached $942 billions over the past 12 months, marking a record since 1985.
According to data from the US Department of the Treasury, in the 12 months ending July this year, overseas investors made net purchases of US stocks totaling $942 billion, marking the highest rolling 12-month total since records began in 1985. The net purchases in the second quarter alone reached $426 billion, setting a new single-quarter record. Meanwhile, overseas demand for US Treasuries has noticeably cooled, with purchase volumes falling significantly. As a result, the US is facing higher costs in government debt financing.
Crypto prices
More
