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The Defiant 2025-04-17 19:01:16

Stablecoin Transactions Surpassed Visa’s in Q1: Bitwise

There were more stablecoin transactions in the first quarter of 2025 than there were Visa transactions, notes the Bitwise Crypto Market Review for Q1 2025, which looks at various metrics in what it calls “The Best Worst Quarter in Crypto's History.” Bitwise is a cryptocurrency investment firm that specializes in managing crypto index funds . CIO Matt Hougan highlighted that from a political and regulatory perspective, Q1 was “historically positive,” with a new pro-crypto President making digital assets and especially stablecoins a national priority, and the Securities and Exchange Commission (SEC) dropping numerous high-profile crypto lawsuits. But crypto prices fell sharply after a brief post-election surge, he noted. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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