Bloomberg published a research from Visa claiming that out of $2.2 trillion in total transactions in April, only $149 billion originated from "organic payments" activity.
Visa has created a dashboard in cooperation with Allium Labs to strip out transactions initiated by bots and large-scale traders. Stablecoin transactions can often be double-counted depending on the platforms used to transfer the funds.
Visa handled $12 trillion worth of transactions last year and is among the companies that stand to lose out of stablecoin adoption.
Comments