🚀 Retail Payments Make Up 0.1% of Stablecoin Transactions
#RetailPayments #Stablecoins #USDollar #KoreaInstituteOfFinance #NS3AI #AutomatedBots #NonRetailApplications #StablecoinMarket
A study conducted by the Korea Institute of Finance indicates that retail payments represent only 0.1% of all transactions involving stablecoins pegged to the U.S. dollar. According to NS3.AI, the total transaction volume for these stablecoins amounted to $5.42 trillion as of November last year, with a significant 77.6% attributed to automated bot activity. Retail consumers contributed merely $7.5 billion to this volume, underscoring the prevalence of bot-driven and non-retail applications in the stablecoin market.#RetailPayments #Stablecoins #USDollar #KoreaInstituteOfFinance #NS3AI #AutomatedBots #NonRetailApplications #StablecoinMarket