“What the ‘Organic’ Stablecoin Report Overlooks”

Visa’s recent report on cryptocurrency trading has raised some eyebrows in the industry. The report aims to exclude all forms of trading, including automated trading, which plays a significant role in the crypto market. Trading is a fundamental aspect of why people use cryptocurrencies, so excluding it entirely may have a significant impact.

According to Campbell, Visa’s report also cut out wallet addresses for centralized exchanges such as Binance and Coinbase. These exchanges hold stablecoins that are used in various services, including prepaid cards that are in partnership with Visa. Some of these cards are directly linked to Visa’s network.

The exclusion of trading activities and wallet addresses for major exchanges in Visa’s report has sparked discussions within the cryptocurrency community. It remains to be seen how this exclusion will impact the industry and if Visa will clarify its stance on cryptocurrency trading in the future. Stay tuned for more updates on this developing story.