Visa: 90% of stablecoin transactions on Ethereum, Tron, and Solana chains are "inorganic activities"
2024-05-06 16:35:32
Payments giant Visa and enterprise blockchain data provider Allium tracked Tether's USDT, Circle's USDC, Paxos' USDP, and PayPal's PYUSD, revealing that more than 90 percent of stablecoin transactions on the Ethereum, Tron, and Solana chains occur without human involvement, and these transactions are all "inorganic transaction activities".
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