Lucas Hoffman, CTO at 0xProcessing, a crypto payment gateway for businesses with Web3 integration, uncovers the dependence of crypto transaction volume on marke
t conditions, the popularity of auto-conversion into stablecoins, and calculates the share of BTC in crypto processing. Q: The cryptocurrency market is going through a big upswing again. Bitcoin recently reached a new high, and other cryptocurrencies are also doing well compared to last year.
Has this affected the crypto processing market? How did the volume of payments change? This question is not about the dollar equivalent of TRX volume, which obviously went up just because the exchange rate grew sharply. Q: The cryptocurrency market is going through a big upswing again. Bitcoin recently reached a new high, and other cryptocurrencies are also doing well compared to last year.
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