Less Than 10% of Stablecoin Transaction Volume Coming from Real Users: Report

2024-5-6 09:48

Less than 10% of stablecoin transaction volumes are organic or come from real people, according to new findings by Visa and data platform Allium Labs, Bloomberg reported.

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Dfinity Foundation says ICP consumes less energy than Cardano, launches proof of green initiative

A single Cardano (ADA) transaction consumes 8,598 times more energy than a transaction on the Internet Computer (ICP) blockchain network, according to Dfinity Foundation. In an April 18 press statement shared with CryptoSlate, the Foundation said ICP was one of the greenest blockchains, adding that a single Google search consumes four times more energy than […] The post Dfinity Foundation says ICP consumes less energy than Cardano, launches proof of green initiative appeared first on CryptoSlate.

2023-4-18 17:17


Solana (SOL) consumes less energy than two Google searches, report claims

Blockchain network Solana has disclosed key findings highlighting the network’s fast processing and minimal energy consumption in its energy report for November.   Solana foundation claimed that a transaction processed on Solana consumes less energy than two Google searches, making it one of the fastest networks for conducting crypto transactions.

2021-11-27 23:00


China Has No Final Date for Launch of e-CNY, the ‘Cash Substitute’ with Smart Contract Feature Aiming for Internationalization

Declining use of cash and rapid rise in crypto, especially stablecoins, drove POC’s digital fiat development, which will coexist with physical RMB. In its whitepaper, e-CNY claims to offer anonymity for small value and collects less transaction information than traditional electronic payment unless, of course, “stipulated otherwise in laws and regulations.

2021-7-17 19:04


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Bitcoin Stays Cheap — Whale Transfers 49,922 BTC ($458M) for Less Than 60 Cent Fee

One Bitcoin whale has just moved 49,922 Bitcoin (BTC) for a fee of just 60 cents. It’s yet another example of how cheap and advantageous Bitcoin still is. Is Bitcoin too expensive? It seems clear from today’s transaction, that the leading cryptocurrency is still far cheaper than retail banking, especially if you are moving large […] The post Bitcoin Stays Cheap — Whale Transfers 49,922 BTC ($458M) for Less Than 60 Cent Fee appeared first on BeInCrypto.

2020-2-4 15:02


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IOTA (MIOTA) Tangle Technology Uses Far Less Energy Than Bitcoin (BTC)

Digiconomist, a platform that claims to be dedicated to exposing the unintended consequences of digital trends from an economic angle, has evaluated the energy consumption of IOTA (MIOTA) and Bitcoin (BTC) and discovered that the latter uses over 10x more energy to carry a 1 BTC transaction as compared to IOTA’s Tangle, according to reportsRead MoreRead More.

2020-1-27 13:30


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Swell 2019: MoneyGram CEO Says 10% of Transactions Between Mexico and U.S. Use On-Demand Liquidity

In June 2019, MoneyGram, one of the world’s largest money transfer companies, announced its plans to implement On-Demand Liquidity (ODL) through RippleNet. Less than six months later, MoneyGram Chairman and CEO Alex Holmes announced on stage at Swell 2019 that the company is currently moving 10% of its transaction volume through ODL between the United … Continued The post Swell 2019: MoneyGram CEO Says 10% of Transactions Between Mexico and U.S. Use On-Demand Liquidity appeared first on Ripple.

2019-11-8 11:24


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Will Bitcoin Become Less Volatile With Greater Adoption?

One of the major problems of Bitcoin’s use case as a means of payments is its high volatility. It still persists despite the increasing market capitalization. Can the largest crypto smooth its wild fluctuations with time?   Volatility Hinders BTC’s Adoption as Payment Method Merchants that adopted payment systems accepting Bitcoin are encountering several issues due to the crypto’s high volatility, slow block validation (transaction confirmation), scalability, and relatively high fees for small payments.

2019-9-10 19:00