Visa’s Data Shows Over 90% of Stablecoin Transactions In April Emanated from Crypto Bots

The post Visa’s Data Shows Over 90% of Stablecoin Transactions In April Emanated from Crypto Bots appeared first on Coinpedia Fintech News The stablecoin market has eclipsed more than $161 billion in valuation and a daily average traded volume of around $36 billion. However, market data provided via a dashboard developed by Visa Inc. Cl A (NYSE: V) and Allium Labs shows that organic payment activity for stablecoin is still in the infancy stage. Of the $2.2 …