Bitcoin tops PayPal by 62% in the number of transactions processed in 2021 By BTC Peers – Investing.com

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Bitcoin tops PayPal by 62% in the number of transactions processed in 2021 By BTC Peers – Investing.com

© Reuters. Bitcoin tops PayPal by 62% in the number of transactions processed in 2021

Although critics continue to argue the viability of as a global payment option, the flagship cryptocurrency has continued to show promise in adoption and growth as it processed 62% more transactions in terms of dollar value than PayPal (NASDAQ:) this year.

Blockdata published a report on Nov. 23 comparing Bitcoin with payments giants MasterCard and Visa (NYSE:). The Blockdata report focused on whether Bitcoin could compete with the two payment networks, and the conclusion was positive.

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