Visa Report: Over 90% of Stablecoin Transactions Not Originating from Genuine Users

According to a report by Bloomberg, Visa’s research report shows that out of the total stablecoin transactions of approximately $2.2 trillion in April, only $149 billion came from “organic payment activity.” This also means that over 90% of stablecoin transactions are not from real users, but from robots and other transactions related to inflationary behavior.