Bitcoin Has Processed More Value Than PayPal This Year

Bitcoin Has Processed More Value Than PayPal This Year

The peer-to-peer network processed 62% more value in dollars than PayPal, a report showed.Bitcoin has processed more dollar volume than PayPal so far this year.The peer-to-peer network transacted around $489 billion per quarter on average in 2021, while PayPal amounted to $302 billion.But Mastercard and Visa still process more money than Bitcoin.The Bitcoin network processed 62% more value in dollars than PayPal this year, according to a report by Blockdata. The firm also analyzed the volume transacted in the Mastercard and Visa networks. Although Bitcoin currently lags behind the credit....


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