According to BlockBeats, on November 15, Coinbase CEO Brian Armstrong posted on the X platform: "Interesting data about payment giant Visa." The accompanying picture shows that the annual transaction volume of payment giant Visa from 2013 to 2023 has hardly increased significantly. On the contrary, the annual transaction volume of stablecoins has been rising since mid-2016, and by 2023 it has been close to Visa's transaction volume.
In addition, Bitcoin's annual transaction volume has been increasing since 2013, but it began to decline around 2021 and was comparable to PayPal's transaction volume in 2023.
