$3.2 Trillion in Bitcoin Payments Processed in 2018

Throughout 2018, more than $3.2 trillion worth of Bitcoin payments were processed on the public blockchain network. The high on-chain transaction volume of the dominant cryptocurrency has demonstrated the efficiency of the asset as a cross-border payment method and as an alternative to existing settlement systems for international payments. The $3.2 trillion transaction volume of Bitcoin does not include the over-the-counter (OTC) volume, which is said to be larger than the volume of the exchange market.

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