🚀🚀🌕🌕Visa and Allium Labs revealed that only 10% of stablecoin transactions in April were genuine. Out of a total of $2.2 trillion in transactions throughout April, only $149 billion represented organic payments. This analysis used a specific method that excluded transactions by bots and large traders to focus solely on the activities of genuine users using stablecoins for buying and selling goods.

It is important to note that the use of stablecoins in the payment industry is still in its early stages. Pranav Sood, Executive General Manager for EMEA at Airwallex, commented on these findings. "Stablecoins are still in the early stages of their evolution as a payment instrument. This does not mean they do not have long-term potential, as I believe they do. However, the short and medium-term focus needs to ensure that existing pathways function better," said Sood.

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