💳 Spending on stablecoin cards exceeds $4.3 billion in the third quarter!
📈 Stablecoin card transactions saw notable growth in the third quarter, with total transaction volume rising from $3.24 billion in the second quarter to $4.31 billion in the third quarter, an increase of about 33%.
One of the most notable developments during this period was a roughly 3.5-fold increase in transaction volume on the Plasma network, reflecting the expansion of activity related to using stablecoins through cards.
🔴 TRON led the way, accounting for 23.2% of total transaction volume in the third quarter, while TRON, Base, and BNB Chain together contributed nearly half of the total volume.
What do these figures mean?
These figures point to growing use of stablecoins for card payments, alongside continued competition among blockchain networks to provide the infrastructure for these transactions.
TRON’s share highlights its important role in this sector, as stablecoin use expands into applications beyond trading on cryptocurrency exchanges.
@TRON DAO
#TRONGlobalFriends #TGF
📈 Stablecoin card transactions saw notable growth in the third quarter, with total transaction volume rising from $3.24 billion in the second quarter to $4.31 billion in the third quarter, an increase of about 33%.
One of the most notable developments during this period was a roughly 3.5-fold increase in transaction volume on the Plasma network, reflecting the expansion of activity related to using stablecoins through cards.
🔴 TRON led the way, accounting for 23.2% of total transaction volume in the third quarter, while TRON, Base, and BNB Chain together contributed nearly half of the total volume.
What do these figures mean?
These figures point to growing use of stablecoins for card payments, alongside continued competition among blockchain networks to provide the infrastructure for these transactions.
TRON’s share highlights its important role in this sector, as stablecoin use expands into applications beyond trading on cryptocurrency exchanges.
@TRON DAO
#TRONGlobalFriends #TGF