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.
Continue reading on Coin Telegraph
Fusion media or anyone involved with Fusion Media will accept no responsibility for any loss or damage resulting from reliance on any information, including data, quotes, graphics and buy / sell signals contained in this website. Please be fully informed about the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investing possible.