Stablecoins surpass Visa and Mastercard with $27.6 trillion transfer volume in 2024

According to a report from crypto exchange CEX.IO, stablecoin transfers reached $27.6 trillion in 2024, outpacing Visa and Mastercard’s combined transaction volume by 7.68%. The report pointe...

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Stablecoins surpass Visa and Mastercard with $27.6 trillion transfer volume in 2024

Source: CryptoSlate

According to a report from crypto exchange CEX.IO, stablecoin transfers reached $27.6 trillion in 2024, outpacing Visa and Mastercard’s combined transaction volume by 7.68%. The report pointed out that stablecoins consistently outperformed traditional payment providers throughout the year despite a dip in Q3 due to broader market slowdowns. This trend signals a shift in global […]