BitPay: Payment transactions with XRP cryptocurrency increased by 42%
Last year, 7,310 payments were made using XRP to the accounts of legal entities in 113 sectors of the global economy.
The top 10 most frequently used coins, according to BitPay, were led by Bitcoin with 296,689 payments. Litecoin is in second place with 213,647 transactions, and Ether is in third with only 81,619 transactions (almost three times less than LTC).
The top ten most popular cryptocurrencies for payments via BitPay in 2023 also included Dogecoin (DOGE), Bitcoin Cash (BCH) and Polygon (MATIC). The stablecoin USDT, issued by Tether, failed to enter the top ten.
BitPay analysts have registered cryptocurrency payments in 175 countries. Most of the transactions were made by users from the USA. The most famous brands that began accepting cryptocurrencies for payment in 2023 are Gucci and Ferrari.
