🚀Hey there, Bitcoin enthusiasts!🚀 Here's a juicy tidbit for you: a recent study by Visa and Allium Labs suggests that over 90% of stablecoin transactions aren't made by genuine users.😲 Yes, you heard it right! Out of $2.2 trillion in total transactions in April, only $149 billion were from "organic payments activity."

This means less than 10% of stablecoin transaction volumes actually originate from genuine users.😱 Visa's new dashboard, which filters out bot and large-scale trader transactions, reveals this startling fact.

The dashboard uses two filters: a single-directional volume filter and an inorganic user filter. The former only counts the largest stablecoin amount transferred within a single transaction, while the latter considers transactions sent by accounts that have initiated less than 1,000 stablecoin transactions and transferred less than $10 million in volume over the last 30 days.🧐

Pranav Sood of Airwallex commented that this data suggests stablecoins are still in an early phase of development as a payment method. He stressed the need to focus on improving existing payment systems in the short and mid-term.🔧

Despite these findings, many in the crypto industry argue that stablecoins, with their instantaneous and low-cost transactions, are perfectly suited for disrupting the payments sector.💪 So, keep your eyes peeled, folks! The crypto world is full of surprises! 🎉🎈