Great read Ethan! I absolutely love Visa's onchain analytics, and am surprised that it doesn't get more press. It provides fabulous insight into the stablecoin numbers that do not fit with the current hype.
I like stablecoins but everytime I read an article that touts their volumes I laugh and think of Visa.
Not sure if you know this story. The onchain analytics dashboard went live soon after one of the big crypto influencers started saying that stablecoin volumes were bigger than Visa's!
Visa wanted to stomp out that bit of propaganda, and within weeks the first version of the dashboard was up.
Linked?
It seems like it, but I don't have it confirmed from inside sources.
Do you have a sense of the retail payments what % are primarily trading related vs commerce and interest bearing transactions?
I'd love to get a view on adoption esp in non-US markets. My primary guess is that it's all still early but growing, and that almost none of us have really spoken to these customers in person
Great read Ethan! I absolutely love Visa's onchain analytics, and am surprised that it doesn't get more press. It provides fabulous insight into the stablecoin numbers that do not fit with the current hype.
I like stablecoins but everytime I read an article that touts their volumes I laugh and think of Visa.
Not sure if you know this story. The onchain analytics dashboard went live soon after one of the big crypto influencers started saying that stablecoin volumes were bigger than Visa's!
Visa wanted to stomp out that bit of propaganda, and within weeks the first version of the dashboard was up.
Linked?
It seems like it, but I don't have it confirmed from inside sources.
Glad you enjoyed it! Have been very happy to be a good partner with Visa!
Hey Ethan, ask Visa if my story is accurate or whether it was just a coincidence. I don't believe in coincidences!
This is a great post.
Do you have a sense of the retail payments what % are primarily trading related vs commerce and interest bearing transactions?
I'd love to get a view on adoption esp in non-US markets. My primary guess is that it's all still early but growing, and that almost none of us have really spoken to these customers in person
Yup we have been working on this for quite some time now, stay tuned next month!
very cool!