Stablecoins make up one-third of all crypto payments in 2024 – CoinGate report

Is 2025 Going to Be the Year of the Stablecoin? - Digital Transactions

As 2025 begins to unfold, some experts and network providers are beginning to think the year could see a breakthrough for stablecoins, the digital currency generated by a blockchain but with a value tied to a national currency, such as the dollar. That link allows users to deploy digital dollars, for example, without fearing the wild swings in value that Bitcoin and other cryptocurrencies are subject to. The roster of stablecoins has grown to at…

Key Points of the News Stablecoins accounted for 35.5% of all cryptocurrencies transactions in 2024, with USDT leading with an impressive 97.2%. The United States leads cryptocurrencies purchases, surpassing Germany and the United Kingdom, while Nigeria and Ukraine show rapid growth. TRON displaced Bitcoin as the most used blockchain for payments, highlighting its efficiency, low costs and wide adoption in emerging markets. 2024 marked a milesto…

Stablecoins make up one-third of all crypto payments in 2024 – CoinGate report

The cryptocurrency market reached significant milestones in 2024. With mainstream appeal steadily rising on account of increased accessibility through Bitcoin (BTC) and Ethereum (ETH) exchange-traded funds (ETFs) and a favorable political climate, the wider market went into a bull run in the last quarter of the year. However, in the midst of an uptrend, it’s easy to forget the utility side of things. Crypto payments have likewise experienced a n…

CoinGate Crypto Payments Report 2024: The Year of Stablecoins

Crypto payments at CoinGate have reached new heights in 2024 once again, driven by growth in transaction volume, rising popularity of stablecoins, and our product improvements.  __________ Key takeaways: Overall transaction volume in 2024 increased by 29.6%, with 1.68 million crypto payments processed. Stablecoins accounted for 35.5% of all transactions, with USDT leading the way. The US shoppers lead crypto payments with 21% of orders, ahead o…