The use of digital assets to make payments is growing, according to a recently published study. It reveals that cryptocurrency’s role as a viable means of payment has been expanding and this year’s market rebound has increased the turnover of crypto payments. The report suggests that debit cards linked to digital currency wallets will remain an important tool until wider adoption of direct cryptocurrency payments.
Also read: BCH Can Be the Global Coin for Daily Spending, Says Italian Crypto Executive
Within a period of 24 hours, from October 11 to 12, the valuation of the crypto market has declined from $ 217 billion to $ 201 billion. The 7 percent decline in the valuation of the crypto market was triggered by a sudden drop in the price of Bitcoin from $ 6,600 to $ 6,250. The 5 percent decrease
