“In 2022, stablecoins settled over $11t on-chain, dwarfing the volumes processed by Paypal ($1.4t), almost surpassing the payment volume of Visa ($11.6t), and reaching 14% of the volume settled by ACH, and over 1% the volume settled by Fedwire,” the authors wrote.

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• Source: https://www.coindesk.com/markets/2023/09/01/stablecoins-can-provide-an-escape-from-high-inflation-currencies-brevan-howard-digital/?utm_medium=referral&utm_source=rss&utm_campaign=headlines