• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Rethinking Transaction Volumes: Stablecoins vs Traditional Systems

user avatar

by Giorgi Kostiuk

8 months ago


Coinbase CEO Brian Armstrong presented data on the rise of stablecoin transactions, comparing them with traditional players like Visa.

Rapid Growth of Stablecoin Transaction Volumes

The transaction volume of stablecoins has surged since mid-2016. While Visa's transaction volumes have stayed relatively stable, stablecoins show a steady rise in popularity and usability, indicating increasing influence of cryptocurrencies in the financial world.

Bitcoin and PayPal Transaction Volumes

The graph highlights fluctuations in Bitcoin’s annual transaction volume, which has generally increased since 2013. Despite a decline in 2021, Bitcoin’s current volume is comparable to PayPal, recognizing cryptocurrencies as payment tools beyond mere investments.

Comparison with Traditional Systems

The graph also features annual transaction volumes from traditional systems like Fedwire and ACH. These systems still have significantly higher volumes than stablecoins and Bitcoin, though the gap is gradually narrowing.

The rise in transactions for stablecoins and Bitcoin points to significant shifts in the financial ecosystem, potentially impacting the future landscape of financial transactions.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

Record Returns in the Crypto Market in Q2 2025 Due to Institutional Investments

chest

The cryptocurrency market in Q2 2025 saw record performance thanks to institutional investments, with Bitcoin and Ethereum showing significant gains.

user avatarGiorgi Kostiuk

Market Optimism: Traders Expect Bitcoin to Rise to $120K

chest

Data shows that 46% of traders believe Bitcoin will rise to $120K by the end of July, reflecting confidence in the crypto market.

user avatarGiorgi Kostiuk

Jonathan Gould Appointed as OCC Head: New Horizons for Crypto Banking

chest

Senate has confirmed Jonathan Gould as OCC head, which may lead to changes in crypto banking regulations and market access.

user avatarGiorgi Kostiuk

Florida Probes Robinhood: Allegations of False Crypto Service Promotions

chest

Florida has launched an investigation into Robinhood over allegations of misleading advertising of its crypto services as the cheapest in the market.

user avatarGiorgi Kostiuk

Anonymous whale deposits 4,500 ETH to Binance with $4.32 million loss

chest

An anonymous whale deposited 4,500 ETH to Binance, resulting in a $4.32 million loss, according to analyst Ai Yi.

user avatarGiorgi Kostiuk

Bitcoin Breaks Records Again: The Influence of ETFs and Politicians

chest

Bitcoin reached a new record thanks to institutional investments and political decisions, boosting confidence in cryptocurrencies.

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.