#USDT,USDC

Payments with stablecoins surpassed those of the payment giant Visa for the first time in terms of annual transaction volume, marking an unprecedented milestone for the digital payments industry amidst significant advancements towards Blockchain.

In 2024, the transaction volume of stablecoins rose to nearly USD $14 trillion, exceeding for the first time the transaction volume of Visa payments, reveals a chart shared by asset manager Bitwise.

As the cryptocurrency market grew to reach historic levels last year, the transaction volume of stablecoins also skyrocketed, more than doubling from USD $6.5 trillion and compared to over USD $12 trillion from Visa in 2023, according to data from Coin Metrics and Visa compiled in a report by Bitwise.