Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnSquareMore
CryptoQuant founder: The average transaction amount of stablecoin PYUSD is about $800, higher than credit cards

CryptoQuant founder: The average transaction amount of stablecoin PYUSD is about $800, higher than credit cards

2024/01/31 13:42

CryptoQuant founder Ki Young Ju stated on the X platform that PayPal's stablecoin PYUSD is operating well as a payment channel.

In the real world, the average transaction amount for credit cards is about $164, while the average transaction amount for PYUSD can reach around $800. Other stablecoins not used for payments have higher average transaction amounts, ranging from $50,000 to $1 million.

1

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!