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Privacy-Centric Bitcoin Wallet Founders Arrested on Money Laundering Charges /
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2024-05-06 00:59:36

Privacy-Centric Bitcoin Wallet Founders Arrested on Money Laundering Charges on Nostr: Study Reveals Majority of Stablecoin Transactions Are Not from Genuine Users ...

Study Reveals Majority of Stablecoin Transactions Are Not from Genuine Users
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#e2bfa798 ver:0.07

A study by Visa and Allium Labs reveals that over 90% of stablecoin transactions are not from genuine users, challenging the notion that stablecoins will revolutionize payments. Only $149 billion out of $2.2 trillion in April transactions came from organic payments activity. The study suggests that existing payment rails need improvement and highlights the challenge of tracking the real value of crypto activity. Visa, which handled over $12 trillion in transactions last year, could be impacted if stablecoins gain widespread acceptance. Technological adoption is needed in the payments sector. #Stablecoins #Payments #Cryptocurrency...

#newstr #Stablecoin #Transactions #Bots #Traders #Payments #Crypto

https://here.news/story/e2bfa798?ver=0.07
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