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⚡️Stablecoin settlements can surpass all major card networks in 2023

According to Coin Metrics data, on-chain stablecoin settlements reached over $7 trillion in 2022 and are expected to end the year at around $8 trillion. While the largest card network, Visa, processes ~$12tn/yr

#USDC #stablecoins
TOP crypto news - evening selection ☀️
⚡️FTX returned more than $5 billion to creditors;
⚡️Layer 2 solutions Optimism and Arbitrum are used more often than Ethereum;
⚡️USDC began to be used more often than USDT after the collapse with FTX;
⚡️Gemini breaks loan agreements with Genesis and closes the Earn program;
#cryptonews #FTX #usdt #usdc #cryptocurrency #cryptoexchange #ethereum #gemini #genesis