Bitcoin network transaction volume exceeds that of American Express in Q1 2021- report
A recent report by investment firm NYDIG says that the Bitcoin network had settled more transaction volume in the first quarter of 2021 than “all credit card networks combined for the entire year.”
The volumes processed by Bitcoin were found to be $3 trillion. By comparison, American Express processed $1.3 trillion and Discover processed $0.5 trillion.
Still, Bitcoin lags Visa and Mastercard, which processed $13.5 trillion and $7.7 trillion in transactions for the same period respectively.
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