Bitcoin exceeds PayPal on transferred value and targets Mastercard: Cointelegraph report

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The network already processes more volume in dollar value than PayPal (NASDAQ :), and the world’s largest decentralized cryptocurrency network by market capitalization could overtake Mastercard (NYSE 🙂 by 2026.

A Thursday report from the Market Intelligence Platform Block data titled “When Can the Bitcoin Network Process Volumes Like Mastercard and Visa?” Points out that the Bitcoin network processed roughly $ 489 billion per quarter in 2021, which is more than PayPal’s $ 302 billion. After just 12 years of existence, Bitcoin processes around 27% of Mastercard’s $ 1.8 trillion per quarter and 15% of Visa’s $ 3.2 trillion.

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