Bitcoin still dominates total payments on BitPay despite the bear market

  • 📰 Cointelegraph
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

United States News News

United States United States Latest News,United States United States Headlines

The payment utility use case for Bitcoin is still relevant as it remains the dominant crypto for payments on BitPay despite the ongoing crypto winter.

) remains a major payment tool despite huge volatility, according to data from BitPay.

The sales volumes of Bitcoin-based payments on BitPay accounted for as much as 87% last year and dropped to 52% in the first quarter of 2022 amid the bear market, BitPay’s vice president of marketing Merrick Theobald told Cointelegraph. In contrast to the number of transactions, Bitcoin sales volumes on BitPay are associated with the total value of crypto payments processed in Bitcoin.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

finally we got a solid dex

What is far more interesting, from a cost/value proposition is 2, Litecoin:

In next summer will see 🫢. In some room from Brasil:

Huge utility there. Meanwhile,the staking reward of SST, the utility token of socialswapdefi is next to none. Obviously, no one wants to miss out on such APR, huge passive income. socialswapdefi aggregator offers best swap rate with low t-fee. Dont miss out on this swap defi

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 562. in US

United States United States Latest News, United States United States Headlines