Article Details

Stablecoins dominated by bots, only 10% real users - Visa report - AMBCrypto

Retrieved on: 2024-05-07 18:59:29

Tags for this article:

Click the tags to see associated articles and topics

Stablecoins dominated by bots, only 10% real users - Visa report - AMBCrypto. View article details on hiswai:

Summary

The article discusses the dominance of bots and large traders in the stablecoin market, indicating that real user transactions are a small fraction, which suggests that stablecoins like DAI or USDT have not yet achieved mainstream adoption in payments compared to traditional systems like PayPal or Visa. This connects to the key concept of Cardano as another cryptocurrency that could be affected by similar adoption challenges, and relates to tags about cryptocurrencies, payment systems, and decentralized finance.

Article found on: ambcrypto.com

View Original Article

This article is found inside other hiswai user's workspaces. To start your own collection, sign up for free.

Sign Up