
Crypto•
Stablecoin Transactions Exceed Visa and Mastercard Combined
Stablecoins processed $27.6 trillion in transaction volume in 2024, surpassing the combined total of major payment networks Visa and Mastercard.
Liam Carter is a financial technology correspondent for Wealtoro, specializing in digital payments, stablecoins, and the evolving regulatory landscape for financial innovation. He reports on how new technologies are reshaping banking and commerce.
Stablecoins processed $27.6 trillion in transaction volume in 2024, surpassing the combined total of major payment networks Visa and Mastercard.
Stablecoins need consumer protections like fraud prevention and chargebacks to compete with Visa and Mastercard for everyday retail use, says an industry expert.