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The average transaction volume of PayPal stablecoin PYUSD is about $800, which is higher than that of real-world credit cards

The average transaction volume of PayPal stablecoin PYUSD is about $800, which is higher than that of real-world credit cards

CointimeCointime2024/01/31 13:32
By:Cointime

According to Ki Young Ju, founder of blockchain analysis company CryptoQuant, PYUSD, PayPal's stablecoin, seems to be operating well as a payment channel. In the real world, the average transaction amount for credit cards is about $164, while the average transaction amount for PYUSD can reach about $800. The average transaction amount for other stablecoins not used for payment is higher, ranging from $50,000 to $1 million.

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