Research firm Sacra predicts stablecoins will “eclipse” Visa on total payments volume this quarter, but Visa's head of crypto doesn’t agree.
Stablecoins may finally overtake payment giant Visa in total payment volume this quarter, according to research firm Sacra.
Visa's head of crypto, however, disagrees.
In a blog post by Sacra co-founder Jan-Erik Asplund, the firm argued that stablecoins’ "extreme product-market fit for cross-border money movement" could see its total payments volume exceed Visa, reaching over $4 trillion.
