Atlanta-based crypto services provider BitPay recently released blockchain payment stats which show strong support from US consumers for the company since announcing its first MasterCard branded card a few months ago.
The total number of crypto transactions processed through BitPay across all supported coin types reached a new high in July of almost 110,000 processed transactions. The figures also show a stable month over month growth trend in processed transactions since March.
The BitPay statistics also reveal that Bitcoin is steadily losing ground in terms of load dominance, though it is still the most used crypto. But users are beginning to switch over to other digital assets such as Bitcoin Cash, Ethereum, and XRP.
Crypto cards make it easy to pay for daily purchases, safe for first-timers to use crypto, and expand the adoption of digital assets, but not all cards are created equal, and the Mastercard branded BitPay card has several advantages that make it far superior to all other options available.
The Mastercard branded BitPay card offers instant conversion which means that users don’t need to worry about volatility of the crypto assets they load up with and it has very high limits compared to other crypto cards. Security is also a key feature as it includes EMV chip and supports safe contactless payments.
Founded in 2015, Coinchapter.com has become one of the leading resources for the crypto asset community. Created by a small group of cryptocurrency enthusiasts, Coinchapter.com was built to provide new members of the crypto asset community with unbiased listings of cryptocurrency exchanges and retail options that would allow them to buy the crypto assets that they wanted, how they wanted and at the price they wanted.