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New Visa Metric: Over 90% of Stablecoin Transactions Not Genuine

The stablecoin sector is not a stranger to controversies, but a recent study questions whether these assets are being widely used as claimed. According to the report, a new metric developed by American multinational payment giant Visa indicates that over 90% of stablecoin transactions aren’t made by genuine users, suggesting that these cryptocurrencies are far […]

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