Crypto Bitcoin transaction volume surpasses that of PayPal


Verified member
According to recent data, for the first time in history the average quarterly volume of transactions in USD recorded on the Bitcoin network surpassed the volume processed by online payments giant PayPal.

According to said data, this year the Bitcoin network processed an estimate average of 489 billion USD per quarter and PayPal processed 302 billion USD, which means that Bitcoin surpassed it by some 62%!

That said, the Bitcoin transaction volume still pales in comparison to the amounts processed by payment providers like Visa and MasterCard this year, which sit around 3,2 trillion and 1,8 respectively.

It is expected, however, that by 2026 Bitcoin will surpass both of them.
Some people say Bitcoin is a fad, but it looks to me that it is a lot more than that.