Solana Leads in Blockchain Payments, Faces Limitations, as Stablecoin Market Expands: Bernstein

Bybit
VolumeMute
Blockonomics

[ad_1]

Solana is conducting pilots with Visa and Shopify, but it’s unclear whether the blockchain can break into more mainstream consumer and business-to-business payments, which would require a massive jump in scalability, the note said.

“Scalability requirements for consumer payments would require 15-20 fold growth from here (Solana ~700 TPS versus 10K+ for payment networks), and general purpose blockchains are yet to cross that chasm,” the report added.

Read more: Stablecoin USDC Is Making a Comeback: Coinbase

[ad_2]

Source link

okex
Bybit