According to a report by Bloomberg, an analysis co-developed by Visa has found that over 90% of stablecoin transaction volumes are not from genuine users. Out of $2.2 trillion in total transactions in April, only $149 billion came from "organic payments activity." The analysis removed transactions made by bots and large-scale traders to isolate those made by real people. Despite this, the analysis found a steady growth of monthly active stablecoin users, with 27.5 million monthly active users across all chains.
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Visa Analysis Finds Less Than 10% of Stablecoin Transactions Are Organic
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The final value of the US one-year inflation rate in November is expected to be 2.6%, the expected value is 2.7%, and the previous value is 2.60%
the expected final value of the US one-year inflation rate in November is 2.6%, with an expected value of 2.7% and a previous value of 2.60%. The expected final value of the US five-to-ten-year inflation rate in November is 3.2%, with an expected value of 3.1% and a previous value of 3.10%. -
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BTC breaks through $98,500
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Bitwise Bitcoin ETF's holdings exceed $4 billion
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Hong Kong Legislative Council Member Tam Yue-heng: Accelerate the issuance and trading of stablecoins that match the characteristics of the linked exchange rate system
Tan Yueheng, a member of the National Committee of the Chinese People's Political Consultative Conference and the Legislative Council, published an article entitled "Consolidating the Status of Financial Center and Sharing the Dividend of Deepening Reform". In it, he pointed out that in the field of digital finance, the SAR government must continue to develop digital finance and qualified virtual products, explore new beneficial financial formats, and promote the new productive forces of the financial industry. Hong Kong must promote the participation of financial technology companies in the stable coin sandbox mechanism, accelerate the issuance and trading of stable coins with the characteristics of matching linked exchange rate system, expand the testing scope and landing scenarios of digital RMB as a cross-border payment tool, and focus on developing products that are linked to virtual assets and underlying real assets, transforming art, real estate, equity, and carbon emissions into digital tokens through blockchain technology. -
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