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Stablecoins 🪙 transaction volume exceeded Visa’s in 2024, a first! Bitwise reports annualized stablecoin volume nearly doubled to $14T, surpassing Visa’s $13T.
This shift signals stablecoins’ viability, potentially disrupting cross-border payments dominated by traditional finance. Bitwise CEO projected stablecoins dominating $44B in B2B payments within 5 years.
Increased adoption could benefit DeFi and crypto. Fed President noted stablecoin legislation is a “good idea.” USDT and USDC lead the market.🚀
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