Visa Crypto Head: 65% of Stablecoin Transactions on Solana Below $100, Ethereum Unable to Support Similar Low-Value Transactions
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September 20, 2024
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According to SolanaFloor, as reported on the X platform, Cuy Sheffield, Head of Crypto at international payments giant Visa, stated during the Solana BreakPoint event that 65% of stablecoin transactions on Solana are under $100. He contrasted this with Ethereum, stating that low-value transactions are not frequent and are not cost-effective on Ethereum.
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