Bitcoin Transaction Volume Tops PayPal, Creeps Up on Visa822.39

To many, Bitcoin’s shot at “real-world” utility is defined by the yardstick of Visa’s transactional throughput; yet, the original cryptocurrency now purportedly handles more annual transacted value than PayPal—and appears to be gaining on Visa, fast.

Reporting $1.3 trillion processed in 2018 alone, the dollar value of all Bitcoin transactions has effectively outstripped online payment processor PayPal and Discover credit card, and stands “an order of magnitude away from Visa,” according to Yassine Elmandjra, a cryptocurrency analyst at ARK Invest, a New York-based investment firm.

Original source

Add comment

Please Sign in to be able to leave comments.