Stablecoin transactions in 2024 surpass Visa and Mastercard
The value of the Stablecoin transaction in 2024 reached $ 15.6 billions, exceeding traditional Mastercard and Visa payment companies by more than 100%.
According to the Invested ark Big ideas 2025 Report Posted on February 4 stable The adoption continues to grow rapidly, in particular in 2024. The annual value of the stall transaction reached a five -year record, reaching 15.6 billions of dollars. Compared to traditional payment card giants such as Visa And MasterCardThe value of the stablecoin transaction in 2024 exceeded them by 119% and 200% respectively.
On a monthly basis, the number of stablecoin transactions amounted to $ 110 million, about 0.41% and 0.72% more than transactions processed via Visa and Mastercard. These results indicate that more people used stablecoins to transfer their funds in 2024 compared to credit card companies such as Visa, Mastercard and American Express.
“Despite a two -year drop market and a 70% drop in market capitalization, the growth of the stablescoin has remained uninterrupted,” wrote Ark Invest.
Compared to the previous year, the value of the stablecoin transaction in 2024 has more than doubled, from around 7 billions of dollars to $ 15.6 billions of dollars in the space of a year.
Volume of stablecoin treated in blockchains Also reached a record summit in December 2024. The daily volume of transactions for stallions in December 2024 reached $ 270 billion and a monthly volume of 2.7 billions of dollars. At the time of writing, Tether (USDT) and circle (USDC) Stay the two main stablecoin transmitters by market capitalization.
Solana (GROUND), Tron (Trx), Ethereum (Ethn) and the base (BASE) were the largest contributors to the stablecoin volume when they were measured by the blockchain.
Not only that, a recent report Cryptors have shown that the total market capitalization of Stablecoins has also reached a summit of $ 204 billion, which represents a 22% increase in value since Trump won the American presidential election.
As before reported By Crypto.News, David Sacks called Donald Trump’s “Tsar Crypto” said that stablecoins could help strengthen the world domination of the US dollar. A few hours earlier, Senator Bill Hagerty presented A new bill on stables has called the “guide and establishment of national innovation for American stables” or the law on engineering.
The bill presents a regulatory framework aimed at developing the Stablescoin market in the United States.
Post Comment