Says Bloomberg, citing BitPay Inc., one of the biggest crypto payments processors in the world
- Last year, Bitcoin’s use at merchants that use BitPay dropped to about 65% of processed payments, down from 92% in 2020
- Ether purchases accounted for 15% of the total
- stablecoins 13%
- new coins added to BitPay in 2021 -- Dogecoin, Shiba Inu and Litecoin -- accounted for 3%
Crypto is chipping away at fiat for payment, its not clear if BTC will be the biggest winner. Bloomberg link is here (may be gated).
