Bitcoin Daily Transaction Value Is Set to Fall Below Tether’s | Crypto Craft

  • Bitcoin Daily Transaction Value Is Set to Fall Below Tether’s

    From bnnbloomberg.ca

    Bitcoin was supposed to be the cryptocurrency for the masses. Instead, a different type of digital token has emerged as the blockchain world’s dominant force. The aggregate daily dollar value of transactions made in stablecoins --essentially, digital assets such as Tether and USD coin that are pegged to world currencies like the greenback -- surpassed that of Bitcoin’s for the first time on June 29, according to researcher Coin Metrics. Tether is poised to surpass Bitcoin by itself, according to researcher Messari. “At this pace it looks like Tether alone will catch Bitcoin within a month or two,” said Nic ... (full story)

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TudorIoan
Jul 22, 2020 4:38am
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"Bitcoin was supposed to be the cryptocurrency for the masses"... masses of criminals and naive anti-system dumb losers?
Bitcoin is so slow that it doesn't even qualify as a currency ...but yeah, it can help criminals to transfer value, laundry dirty money, hide illicit earnings...
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trumps
Jul 22, 2020 3:39am
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Don't worry bitcoin hodlers.

Terrorist use of Bitcoin to receive anonymous donations for more murderous activity, should keep the bitcoin 🐧 transactions ticking over
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