According to a report by leading bitcoin company NYDIG, the bitcoin network has surpassed American Express in annual payment transaction volume.
of NYDIG January 29 In his weekly report published on 2021 along 3 He said he had processed a trillion-dollar transaction. American Express is one of the most used credit card networks. 1.3 It lagged behind Bitcoin by processing trillion-dollar transactions.
Visa 2021 in the year 13.5 Mastercard while processing trillion-dollar transactions 7.7 Trillion dollar transactions.
Besides these companies that were introduced in the 1960s, 13. The fact that Bitcoin in the year had such large volumes was described as an “amazing growth” according to experts.
Report authors Greg Cipolaro, NYDIG Head of Global Research, and Ethan Kochav, Research Analyst:
Judging by the 5-year compound annual growth rates, the growth rate of Bitcoin is quite high.
said.
In a Blockdata report published in November last year, the transaction volume on the Bitcoin network was the highest. by 2026 Estimated by Mastercard’s transaction volume. Also, Bitcoin’s average per quarter $489 billion at the beginning of the quarter and 302 billion dollars It was reported that it surpassed Paypal, which processes transactions worth of money.