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News related to Crypto / Re: 90% of Ethereum, Tron, Solana Stablecoin Transactions Are ‘Inorgranic Activit...
« on: May 14, 2024, 02:46:25 PM »Now it's just a question of how much truth there is in that, but even if we assume that 90% is a bit of an exaggerated figure
Looking at 2 filter mentioned on their website, i think it's safe the percentage is a bit exaggerated. If i understand it correctly, it exclude TX made by whale/rich people and short term/arbitrage trader who doesn't use bot.
But I don't know why the comparison here? I don't know why Visa cares about the volume of inorganic transactions on these networks? These networks are used for multiple different purposes and not for one purpose, while Visa is used for the purpose of payment only.
Have you read their blog post on https://usa.visa.com/visa-everywhere/blog/bdp/2024/04/24/making-sense-of-1713984605043.html? It's one of reason i said "Although i also feel they said that since they want to reassure that Visa remain more popular option.".